Sika managers set out opposition to Saint-Gobain takeover plans

More than 140 country chiefs and department heads at Swiss construction chemicals group Sika have written to Saint-Gobain Chairman and Chief Executive Pierre-Andre de Chalendar to oppose the French group's takeover plans.

Although the intervention is not likely to be decisive in a takeover saga that has landed in the courts, it underlines the hostility to the deal in the Swiss company.Read more here.More than 140 country chiefs and department heads at Swiss construction chemicals group Sika have written to Saint-Gobain Chairman and Chief Executive Pierre-Andre de Chalendar to oppose the French group's takeover plans.       

Although the intervention is not likely to be decisive in a takeover saga that has landed in the courts, it underlines the hostility to the deal in the Swiss company.

Read more here.

600450 Sika managers set out opposition to Saint-Gobain takeover plans glassonweb.com
Date: 16 October 2015
Source: www.reuters.com

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