Sika owner goes to court to push through sale to Saint-Gobain

The family that owns a controlling stake in Swiss chemicals firm Sika said on Monday it has filed a lawsuit to help push through a 2.75 billion Swiss franc ($2.73 billion) takeover by French building materials company Saint-Gobain.

Sika's majority owner, the Burkard-Schenker family, has been at loggerheads with the Swiss firm's management since early last month, when top executives and several board members not affiliated with the family said they would quit if the planned sale goes through.Read more at: www.reuters.com/article/2015/01/05/us-sika-m-a-saint-gobain-idUSKBN0KE11820150105The family that owns a controlling stake in Swiss chemicals firm Sika said on Monday it has filed a lawsuit to help push through a 2.75 billion Swiss franc ($2.73 billion) takeover by French building materials company Saint-Gobain.   

Sika's majority owner, the Burkard-Schenker family, has been at loggerheads with the Swiss firm's management since early last month, when top executives and several board members not affiliated with the family said they would quit if the planned sale goes through.

Read more at: www.reuters.com/article/2015/01/05/us-sika-m-a-saint-gobain-idUSKBN0KE11820150105

600450 Sika owner goes to court to push through sale to Saint-Gobain glassonweb.com
Date: 8 January 2015
Source: www.reuters.com

See more news about:

See more from these topics:

Others also read

Solar Innovations® Architectural Glazing Systems recently launched its new greenhouse planning website at Greenhouse.Planning.Solar.
Ian Ritchie to Keynote GPD Istanbul, 2018.
On January 19, 2018, Signing Ceremony for Coestablishment of Smart Technology School Between Triumph Group and New Jersey Institute of Technology was held in New Jersey Institute of Technology.
The final deadline for abstract submission for GPD China 2018 is 19 January, 2018.
FIT Show’s ‘Installation of the Year’ competition, which launched in 2017 with unprecedented success, is back for 2018. The hunt is now officially on to find the industry’s best glazed installations.
The 79th Conference on Glass Problems, taking place 5–8 November 2018 at the Greater Columbus Convention Center, has announced its Call for Abstracts.

Add new comment