BRIEF-Saint-Gobain To Acquire Ovniver Group For $815 Million-March 2024-www.financetom.com

BRIEF-Saint-Gobain To Acquire Ovniver Group For $815 Million

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BRIEF-Saint-Gobain To Acquire Ovniver Group For $815 Million

Aug 15, 2024 11:03 AM

Aug 15 (Reuters) - Compagnie de Saint Gobain SA

* COMPAGNIE ST-GOBAIN - ACQUISITION

* COMPAGNIE DE SAINT GOBAIN SA - SAINT-GOBAIN TO ACQUIRE

OVNIVER

GROUP FOR $815 MILLION

* COMPAGNIE DE SAINT GOBAIN SA - SAINT-GOBAIN EXPECTS $14M

GROWTH

SYNERGIES POST ACQUISITION

* SAINT-GOBAIN - OVNIVER GROUP WILL BE CONSOLIDATED INTO

AMERICAS

REGION

* SAINT-GOBAIN: ACQUISITION WILL BE FULLY FINANCED IN CASH

* SAINT GOBAIN: DEAL TO CREATE VALUE BY YEAR 3 FOLLOWING

DEAL

CLOSE AND WILL BE EPS ACCRETIVE FROM YEAR 1

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