Saint-Gobain : Examining options for glass business
>First automotive glass - According to Bloomberg, Saint-Gobain is examining the potential sale of its automotive glass business. This division could be of interest to private equity players and bring in up to € 2.5bn. The sale process is believed to be in the early stages and Saint-Gobain could yet decide to keep the asset within the group. Saint-Gobain’s operations include Sekurit glass for the big automotive brands, particularly Ford, Honda, Hyundai, Mercedes, Pors...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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