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Construction Supplies & Fixtures

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Saint-Gobain Acquires Maris Polymers

Wednesday, 6 Dec 2017 11:58am EST

Dec 6 (Reuters) - SAINT-GOBAIN ::HAS ACQUIRED MARIS POLYMERS S.A., A GREEK SPECIALIST IN WATERPROOFING SOLUTIONS‍​.

Bafin Imposes Coercive Fines On China Specialty Glass AG

Wednesday, 6 Dec 2017 10:00am EST

Dec 6 (Reuters) - BAFIN::IMPOSES COERCIVE FINES IN THE AMOUNT OF EUR 282,500 ON CHINA SPECIALTY GLASS AG <<>>:.

Shanghai Vohringer Wood Product to set up sales unit in Shanghai

Wednesday, 6 Dec 2017 02:29am EST

Dec 6(Reuters) - Shanghai Vohringer Wood Product Co Ltd <603226.SS>:Says it plans to set up a wholly owned sales subsidiary, with registered capital of 5 million yuan, in Shanghai .

Monalisa Group sets pricing for its Shenzhen IPO

Tuesday, 5 Dec 2017 08:06pm EST

Dec 6 (Reuters) - Monalisa Group Co Ltd::SAYS IT PLANS TO RAISE UP TO 1.23 BILLION YUAN ($185.88 million) AT 31.29 YUAN PER SHARE FOR ITS SHENZHEN IPO.

Cultural Investment to buy two media firms for 2.37 bln yuan via cash, share issue

Monday, 4 Dec 2017 04:10am EST

Dec 4 (Reuters) - Cultural Investment Holdings Co Ltd <600715.SS>::SAYS IT PLANS TO BUY TWO MEDIA FIRMS FOR A COMBINED 2.37 BILLION YUAN ($358.20 million) VIA CASH, SHARE ISSUE.SAYS IT AIMS TO RAISE UP TO 1.59 BILLION YUAN IN PRIVATE PLACEMENT OF SHARES TO FUND THE ACQUISITION, PROJECTS.

American Woodmark to pay RSI Home Products A Fee of $22.5 Million on Deal Termination

Friday, 1 Dec 2017 10:56am EST

Dec 1 (Reuters) - American Woodmark Corp ::AMERICAN WOODMARK-IN EVENT OF TERMINATION OF MERGER AGREEMENT UNDER CERTAIN CIRCUMSTANCES, CO TO PAY RSI HOME PRODUCTS TERMINATION FEE OF $22.5 MILLION.

Sika founding family does not exclude extending Saint-Gobain agreement

Friday, 1 Dec 2017 10:55am EST

Dec 1 (Reuters) - :RULING ON APPEAL OF BURKARD FAMILY'S VOTING RIGHT IN SIKA <<>>, SAINT-GOBAIN <<>> TAKEOVER BATTLE LIKELY TO BE REACHED IN Q1 2018 - SOURCES‍​.SIKA'S CONTROLLING SHAREHOLDER SAYS DOES NOT EXCLUDE POSSIBILITY OF EXTENDING TAKEOVER AGREEMENT WITH SAINT-GOBAIN BEYOND 2018.

American Woodmark Corporation Reports Q2 Earnings Per Share $1.21

Friday, 1 Dec 2017 06:01am EST

Dec 1 (Reuters) - American Woodmark Corp ::AMERICAN WOODMARK CORP ANNOUNCES SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE $1.21.Q2 SALES $274.8 MILLION VERSUS I/B/E/S VIEW $283.5 MILLION.Q2 EARNINGS PER SHARE VIEW $1.26 -- THOMSON REUTERS I/B/E/S.

American Woodmark Corp To Buy Cabinet Manufacturer RSI Home Products

Friday, 1 Dec 2017 06:00am EST

Dec 1 (Reuters) - American Woodmark Corp ::ORATION TO ACQUIRE CABINET MANUFACTURER RSI HOME PRODUCTS.ORATION TO ACQUIRE CABINET MANUFACTURER RSI HOME PRODUCTS.- ‍UNDER TERMS OF AGREEMENT, IMPLIED ENTERPRISE VALUE FOR RSI IS APPROXIMATELY $1.075 BILLION IN DEAL​.- CASH PORTION OF CONSIDERATION IS SUBJECT TO CUSTOMARY WORKING CAPITAL ADJUSTMENTS.- DEAL ‍INCLUDING $140 MILLION IN AMERICAN WOODMARK COMMON STOCK TO BE ISSUED TO RSI SHAREHOLDERS​.AMERICAN WOODMARK - ‍ACQUISITION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO CO'S PROFIT MARGINS & EPS EXCLUDING TRANSACTION COSTS.AMERICAN WOODMARK - TRANSACTION DOES NOT REQUIRE APPROVAL OF CO'S SHAREHOLDERS AND HAS ALREADY RECEIVED APPROVAL FROM RSI SHAREHOLDERS.AMERICAN WOODMARK - IMMEDIATELY FOLLOWING CLOSING OF DEAL , RSI SHAREHOLDERS WILL OWN APPROXIMATELY 8% OF AMERICAN WOODMARK SHARES OUTSTANDING.- AMERICAN WOODMARK IS SUSPENDING ITS SHARE REPURCHASE PROGRAM IN CONJUNCTION WITH TRANSACTION.‍COMBINED COMPANY WILL BE MANAGED BY AMERICAN WOODMARK'S MANAGEMENT TEAM (LED BY CHAIRMAN AND CEO CARY DUNSTON)​.- ‍AMERICAN WOODMARK EXPECTS TO EXPLORE OPTIONS TO REFINANCE RSI NOTES EITHER IN CONNECTION WITH OR AFTER CLOSING OF TRANSACTION​.AMERICAN WOODMARK - EXPECTS TO ENTER NEW $100 MILLION REVOLVING CREDIT FACILITY WITH WELLS FARGO BANK, NATIONAL ASSOCIATION TO REPLACE EXISTING REVOLVER​.- ‍ANNUAL RUN-RATE SYNERGIES ARE ANTICIPATED TO BE $30-40 MILLION, PHASED IN OVER 3 YEARS FROM DEAL​.

India's Viaan Industries Sept-Qtr Consol Profit Rises

Friday, 1 Dec 2017 03:06am EST

Dec 1 (Reuters) - Viaan Industries Ltd ::SEPT QUARTER CONSOL PROFIT 67.5 MILLION RUPEES VERSUS PROFIT OF 18.4 MILLION RUPEES YEAR AGO.SEPT QUARTER REVENUE FROM OPERATIONS 666.3 MILLION RUPEES VERSUS 278.2 MILLION RUPEES YEAR AGO.

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