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

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