Saint-Gobain Agrees to Sell Norandex to ABC Supply
September 15 2015 - 3:52AM
Dow Jones News
By Inti Landauro
PARIS--French construction material maker Compagnie de
Saint-Gobain SA (SGO.FR) Tuesday said it agreed to sell its U.S.
retailer Norandex to ABC Supply Co. for an undisclosed amount.
The French company said the operation is part of an effort to
sell construction material retailing assets and strengthen its
business units in Europe and Brazil, instead.
Saint-Gobain expects the operation, which still requires
approval from U.S. anti-trust regulators, to close in the fourth
quarter.
-Write to Inti Landauro at inti.landauro@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
September 15, 2015 03:37 ET (07:37 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
Cie de SaintGobain (EU:SGO)
Historical Stock Chart
From Mar 2024 to Apr 2024
Cie de SaintGobain (EU:SGO)
Historical Stock Chart
From Apr 2023 to Apr 2024
