Saint-Gobain Suffers Setback in Bid for Control of Swiss Chemical Maker

The French conglomerate Saint-Gobain suffered a setback on Monday in its bid to take control of Sika, the Swiss specialty chemical maker.   In December, Saint-Gobain agreed to buy a controlling stake held by the Burkhard family in Sika for 2.75 billion Swiss francs, or about $3.1 billion.

But Sika’s board of directors and its management have publicly opposed the deal.

Read more at: dealbook.nytimes.com/2015/01/26/saint-gobain-suffers-setback-in-bid-for-control-of-swiss-chemical-maker/

600450 Saint-Gobain Suffers Setback in Bid for Control of Swiss Chemical Maker glassonweb.com

See more news about:

Others also read

Current president Richard Beuke set to retire on March 31, 2019.
Today, WDMA released the following statement regarding the signing of the U.S.-Mexico-Canada Agreement (USMCA).
The new Ultion website from Brisant Secure offers a beautiful engaging experience and has been launched with a unique product presentation page for customers with Ultion On Your Site.
American Insulated Glass, LLC (AIG), headquartered in Atlanta, announced the asset purchase of the fabrication business unit of Faith Glass located in Semmes, Alabama.
CSR Limited (CSR) announced it has entered into an agreement to sell its Viridian Glass (Viridian) business to Crescent Capital Partners (Crescent) for a total cash consideration of approximately $155 million.
Permasteelisa S.p.A welcomes the LIXIL Group Corporation’s announcement about the agreement with Grandland Holdings Group Limited, a leading Chinese architectural design and construction company, to terminate planned Permasteelisa transaction.

Add new comment