17 Jan 2013 17:27
January 17, 2013
Saint-Gobain accepts the purchase offer of Ardaghon Verallia North America
After having consulted its Works council and having collected its favorable opinion, Compagnie de Saint-Gobain accepted the purchase offer of Ardagh on Verallia North America for an enterprise value of $1,694 million (around €1,275 million), representing 6.5 times 2012 EBITDA (around $261 million).
The transaction will be subject to authorization by the United States anti-trust authorities.
About Saint-Gobain
Saint-Gobain, the world leader in the habitat and construction markets, designs, manufactures and distributes building materials, providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2011 sales of €42.12 billion, Saint-Gobain operates in 64 countries and has nearly 195,000 employees. For more information about Saint-Gobain, visit www.saint-gobain.com.
Analyst / Investor Relations
|
Press Contact
| ||
Florence Triou-Teixeira Vivien Dardel Alexandra Baubigeat |
+33 1 47 62 45 19 +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 |
Saint Gobain Or (COD)