Saint-Gobain wins FIRB approval for $4.3B buyout of CSR

French building materials giant Saint-Gobain received approval from Australia's Foreign Investment Review Board for its $4.3 billion takeover bid of CSR, the maker of Gyprock. Shareholders will vote on the proposal at a scheme meeting scheduled for June 13, 2024.

“French building materials giant Saint-Gobain has received approval from Australia’s Foreign Investment Review Board for its $4.3 billion takeover bid of CSR.”afr.com

• 3 sources
• afr.comCSR ASX: French giant Saint-Gobain has won approval from Australia’s Foreign Investment Review Board for the $4.3 billion buyout of Gyprock maker CSR.Simon EvansJun 11, 2024
• glassbalkan.comSaint-Gobain Strengthens Presence in Australia with CSR Acquisition - GlassBalkanJul 9, 2024
• quarrymagazine.com'Tremendous opportunity': Saint-Gobain finalise CSR acquisition - QuarryAdam DauntAug 22, 2024

Summarized from public sources; check the original articles before acting on it.