Cement News tagged under: St-Gobain
St-Gobain gets green light to acquire control of Sika16 September 2015, Published under Cement NewsThe Swiss competition commission (Comco) has authorised the control of Sika by construction materials giant St-Gobain, the French company announced in a press release on Tuesday. This decision follows the favourable ruling handed down by the European Commission on 22 July 2015 as well as the decisions already received from other competition authorities, notably in the United States and China. |
St-Gobain to acquire controlling stake in Sika09 December 2014, Published under Cement NewsSt-Gobain is buying a controlling stake in constructive chemicals specialist Sika for EUR2.3bn. The group is also launching a competitive bidding process to dispose of the remaining portion of the its packing business (Verallia Europe). St-Gobain is is proposing the acquisition of a 16 per cent family stake in Sika, which controls 52 per cent of group voting rights, meaning St-Gobain will fully consolidate the acquisition. Analysts at JP Morgan believe that the acquisition of Sika – whi... |
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