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Compagnie de Saint Gobain SA (SGOB.PA)

SGOB.PA on Paris Stock Exchange

47.41EUR
28 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Saint-Gobain acquires Tekbond
Tuesday, 25 Jul 2017 01:56am EDT 

July 25 (Reuters) - COMPAGNIE DE SAINT GOBAIN SA ::SAINT-GOBAIN ACQUIRES TEKBOND, ADHESIVES SPECIALIST IN BRAZIL.SIGNED A SHARE PURCHASE AGREEMENT TO ACQUIRE 100% OF THE EQUITY CAPITAL OF TEKBOND, THE NUMBER TWO ADHESIVES BUSINESS IN BRAZIL ‍​.DEAL IS SUBJECT TO THE APPROVAL OF THE BRAZILIAN ANTITRUST AUTHORITIES.  Full Article

St Gobain acquires Brazilian adhesives company TekBond
Tuesday, 25 Jul 2017 01:46am EDT 

July 25 (Reuters) - St Gobain ::* Saint-Gobain has signed a share purchase agreement to acquire 100% of the equity capital of TekBond, the number two adhesives business in Brazil operating in the construction sector and on the automotive aftermarket..* This acquisition will enable Saint Gobain in Brazil to create important synergies with the Abrasives, Mortars and Flat Glass business lines on the construction and industrial markets..* TekBond supplies a broad range of adhesives, sealants, sprays and masking tapes all over Brazil..  Full Article

Saint-Gobain acquires Kirson
Monday, 24 Jul 2017 02:05am EDT 

July 24 (Reuters) - COMPAGNIE DE SAINT GOBAIN SA ::ACQUIRES KIRSON, THE GERMAN REINFORCEMENT PRODUCTS SPECIALIST.KIRSON PROJECT IS SUBJECT TO THE APPROVAL OF THE GERMAN ANTITRUST AUTHORITIES.  Full Article

Saint-Gobain acquires Simtek Fence
Monday, 3 Jul 2017 09:13am EDT 

July 3 (Reuters) - COMPAGNIE DE SAINT GOBAIN :SAINT-GOBAIN ACQUIRES SIMTEK FENCE.  Full Article

Saint-Gobain acquires Simtek Fence
Friday, 30 Jun 2017 02:05am EDT 

June 30 (Reuters) - Saint-Gobain ::ACQUIRES FENCE MANUFACTURER SIMTEK FENCE.ACQUISITION OF SIMTEK FENCE INCLUDES SINGLE MANUFACTURING LOCATION IN THE USA (UTAH), DISTRIBUTION CENTER (PENNSYLVANIA) AND TOTAL OF 75 EMPLOYEES.  Full Article

Saint-Gobain buys back 1 million shares in Wendel’S accelerated bookbuilding concerning 20 million Saint-Gobain shares
Friday, 2 Jun 2017 02:25am EDT 

June 2 (Reuters) - COMPAGNIE DE SAINT-GOBAIN SA ::COMPAGNIE DE SAINT GOBAIN SA - SAINT-GOBAIN BUYS BACK 1 MILLION SHARES IN WENDEL’S ACCELERATED BOOKBUILDING CONCERNING 20 MILLION SAINT-GOBAIN SHARES.HAS BOUGHT BACK 1 MILLION OF ITS OWN SHARES (C.0.2% OF ITS SHARE CAPITAL) AT A PRICE OF 50 MILLION EUROS IN AN ACCELERATED BOOKBUILDING PROCESS COMPLETED BY WENDEL MWD.PA.  Full Article

Wendel pursues divestment of Saint-Gobain with shares sale
Thursday, 1 Jun 2017 12:50pm EDT 

June 1 (Reuters) - France-based listed investment group Wendel says: :Says will sell 20 million Saint-Gobain <<>> shares which represents about 3.6 percent share capital..Frédéric Lemoine, Chairman of Wendel’s Executive Board says transaction is in line with Wendel’s strategy to pursue its shift towards unlisted assets. .Wendel says following transaction it will retain. approximately 2.5 percent in Saint-Gobain’s share capital and 4.5 percent of voting rights..Wendel says transaction will grant it additional financial resources to implement its investment strategy for 2017-2020..Wendel says BNP Paribas, Citigroup and Goldman Sachs acted as joint bookrunners of the transaction, while Goldman Sachs is sole global coordinator of transaction..  Full Article

St Gobain to buy German adhesive tapes manufacturer Biolink
Monday, 22 May 2017 02:33am EDT 

May 22 (Reuters) - Saint Gobain ::* Saint-Gobain has signed a share purchase agreement to acquire 100 percent of the equity capital of Biolink, a German manufacturer of specialty adhesive tapes .  Full Article

Saint-Gobain sees at least EUR 1.2 bln cost savings over 2017-2020
Wednesday, 17 May 2017 08:08am EDT 

May 17 (Reuters) - SAINT-GOBAIN :SEES AT LEAST EUR 1.2 BILLION COST SAVINGS OVER PERIOD 2017-2020.SEES ACQUISITIONS TOTALLING EUR 2 BILLION OVER PERIOD 2017-2020.PLANS TO SELL NON-STRATEGIC ACTIVITIES FOR TOTAL OF AT LEAST EUR 1 BILLION OVER PERIOD 2017-2020.IN MEDIUM TERM, OPERATING MARGIN FOR INNOVATIVE MATERIALS COULD BE 12-14 PERCENT; 11-13 PERCENT FOR CONSTRUCTION PRODUCTS; 4.5-5.5 PERCENT FOR BUILDING DISTRIBUTION.  Full Article

Saint-Gobain Q1 total sales rise to 9.9 billion euros
Wednesday, 26 Apr 2017 11:53am EDT 

April 26 (Reuters) - Saint-Gobain ::Q1 total sales EUR 9.9 billion ($10.77 billion) versus EUR 9.1 billion year ago .  Full Article

Construction group St Gobain keeps outlook as H1 profits rise

PARIS, July 27 French building materials group St Gobain, which was hit by a cyber attack earlier this year, maintained its financial targets as it posted a rise in half-year profits slightly below the consensus forecast.