Key Developments: Compagnie de Saint Gobain SA (SGOB.PA)

SGOB.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Compagnie de Saint Gobain SA acquires ZenPure
11:46am EDT 

Compagnie de Saint Gobain SA:Says it has acquired ZenPure, a company specializing in the development and manufacture of filtration products, mainly for the life sciences sector.Financial terms of the transaction were not disclosed.  Full Article

Compagnie de Saint Gobain issues FY 2015 financial guidance
Tuesday, 28 Apr 2015 11:48am EDT 

Compagnie de Saint Gobain SA:Expects a further like-for-like improvement in operating income for FY 2015.  Full Article

Compagnie de Saint Gobain takes 70 pct stake in British Industria E Comercio Ltda
Monday, 13 Apr 2015 11:42am EDT 

Compagnie de Saint Gobain SA:Signs joint venture agreement in Brazil with British Industria E Comercio Ltda, which manufactures non-woven abrasives.Takes 70 pct stake in British Industria E Comercio Ltda.  Full Article

Compagnie de Saint Gobain extends validity of agreement with Burkard family for sale Schenker-Winkler Holding shares
Tuesday, 7 Apr 2015 11:46am EDT 

Compagnie de Saint Gobain SA:Says it has decided together with Burkard family to amend agreement relating to sale of shares of Schenker-Winkler Holding (SWH) until June 30, 2016.Says SWH holds controlling stake in Sika.  Full Article

Compagnie de Saint Gobain SA issues FY 2015 guidance and recommends dividend of 1.24 euros per share
Wednesday, 25 Feb 2015 12:07pm EST 

Compagnie de Saint Gobain SA:Plans to pursue in 2015 capital expenditure program of under 1,600 million euros, focused on growth capex outside Western Europe.Decides to recommend dividend of 1.24 euro per share (2013: 1.24 euros), 50 pct payable in cash and 50 pct in cash or in shares.  Full Article

Compagnie de Saint Gobain SA announces disposal
Tuesday, 10 Feb 2015 02:52am EST 

Compagnie de Saint Gobain SA:As part of its ongoing portfolio optimization, Saint-Gobain Building Distribution has disposed of two non-core businesses that lacked synergies with the rest of its operations: Meyer Decorative Surfaces (MDS) in the United States and Ashworth in the United Kingdom.Ashworth was sold to GIL Investments, deal signed on Feb. 5 with completion date on Feb. 28.MDS was sold to Rugby Architectural Building Products on Dec. 31, 2014.  Full Article

Compagnie de Saint Gobain SA will not make an offer for the remaining shares of Sika
Friday, 16 Jan 2015 11:39am EST 

Compagnie de Saint Gobain SA:Says it has no intention of making an offer for remaining shares of Sika.Says there will be no reduction in Sika's business portfolio, and Saint-Gobain will not be contributing its mortar business.Expects to generate annual synergies of at least 150 million euros to 180 million euros because of tie-up with Sika.Says current development and financial policies of Sika will be confirmed.  Full Article

Sika AG owner goes to court to push through sale to Compagnie de Saint Gobain SA
Sunday, 4 Jan 2015 07:00pm EST 

Sika AG:Announces that the family that owns a controlling stake in Swiss chemicals firm Sika AG has filed a lawsuit to help push through a 2.75 billion Swiss francs ($2.73 billion) takeover by Compagnie de Saint Gobain SA.  Full Article

Compagnie de Saint Gobain SA announces acquisition
Monday, 8 Dec 2014 02:04am EST 

Compagnie de Saint Gobain SA:Announces the plan to acquire a controlling interest in Sika.Says the transaction involves Saint-Gobain's purchase of Schenker Winkler Holding AG, owner of 16.1 pct of Sika's capital and 52.4 pct of its voting rights, for CHF 2.75 billion.  Full Article

Sika AG does not support change of control to Compagnie de Saint Gobain SA
Monday, 8 Dec 2014 12:02am EST 

Sika AG:Says were informed on Dec. 5, that French Group Saint-Gobain intends to indirectly acquire all shares held by Burkard family, Sika's current majority shareholder.Says if transaction were to be closed, Saint-Gobain would control 52.4 pct of all voting rights and 16.1 pct of Sika's share capital.Says will not make offer to public shareholders of Sika.Says Board and Group Management of Sika have neither been involved nor consulted in connection with proposed transaction.Says Board and Group Management do not support the change of control of Sika to Saint-Gobain.Says Board neither sees industrial logic in transaction, nor significant synergies for Sika.Says non-conflicted Board members and Group Management each independently have decided to resign following closing of transaction.  Full Article

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Swiss regulator rejects Gates appeal on Sika, Saint-Gobain deal

ZURICH - The Swiss financial regulator on Monday denied an appeal by investors including Bill Gates over a proposed 2.75 billion Swiss franc ($3 billion) takeover of Swiss firm Sika by French rival Saint-Gobain .

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