Saint-Gobain to Sell Korean Construction-Glass Business
September 30 2019 - 2:46AM
Dow Jones News
By Max Bernhard
Compagnie de Saint-Gobain SA (SGO.FR) said Monday that it is
selling its construction-glass business in Korea, Hankuk Glass
Industries, to investment manager Glenwood Private Equity in a deal
with an enterprise value of about 240 million euros ($262.5
million).
The transaction should close by the end of the year after
approval from antitrust authorities, it said.
Write to Max Bernhard at max.bernhard@dowjones.com;
@mxbernhard
(END) Dow Jones Newswires
September 30, 2019 02:31 ET (06:31 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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