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Acquisition

16 Sep 2015 07:00

RNS Number : 1673Z
Compagnie de Saint-Gobain
15 September 2015
 

 

 

 

 

 

September 15, 2015

 

The Swiss Competition Commission (COMCO) unconditionally authorizes

Saint-Gobain's acquisition of control over Sika

 

 

Saint-Gobain welcomes the COMCO's decision issued today which has unconditionally authorized Saint-Gobain's acquisition of control over Sika.

 

This decision follows the favorable ruling handed down by the European Commission on July 22, 2015 as well as the decisions already received from other competition authorities, notably in the United States and China.

 

By unconditionally authorizing the transaction, these decisions confirm the industrial logic of the tie-up between the two groups.

 

 

 

ABOUT SAINT-GOBAIN

In 2015, Saint-Gobain is celebrating its 350th anniversary, 350 reasons to believe in the future. Backed by its experience and its capacity to continuously innovate, Saint-Gobain, the world leader in the habitat and construction market, designs, manufactures and distributes high-performance and building materials providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2014 sales of €41 billion, Saint-Gobain operates in 66 countries and has over 180,000 employees. For more information about Saint-Gobain, visit www.saint-gobain.com and the twitter account @saintgobain or download the "Saint-Gobain Shareholder" application for tablet and smartphone.

 

 

 

 

Analyst/Investor Relations

 

Media Relations

 

Gaetano Terrasini

Vivien Dardel

Marine Huet

 

+33 1 47 62 32 52

+33 1 47 62 44 29

+33 1 47 62 30 93

 

 

Sophie Chevallon Susanne Trabitzsch

 

+33 1 47 62 30 48

+33 1 47 62 43 25

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ACQLAMRTMBABBIA

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