Saint-Gobain : A sweet acquisition
>CSR: the Australian Saint-Gobain - Saint-Gobain announced that it had reached a definitive agreement to acquire CSR (Colonial Sugar Refining Company), a listed player on the Australian market in the field of construction products in Australia and New Zealand. The deal was unanimously approved by the boards of directors of Saint-Gobain and CSR. After factoring in monetisable property assets in an amount of € 0.8bn, the deal amounts to € 1.9bn. The CSR Building Pr...Compagnie de Saint-Gobain manufactures, produces, and distributes industrial materials. Co.'s activities are divided into four sectors: Innovative Materials (Co. makes, processes and sells glass and glazing products for the building, the automotive and solar energy industries; Co. also manufactures Ceramics and Plastics, Abrasives, and Textiles), Construction Products (Co. offers products for the Insulation, Gypsum, Exterior Products, Pipe and Industrial Mortars), Building Distribution (Co. distributes building materials (plumbing, heating and sanitaryware products) and ceramic tiles), and Packaging - Verallia (Co. manufactures glass containers and jars for foodstuffs and beverages).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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