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SGO Cie de SaintGobain

74.66
-0.04 (-0.05%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cie de SaintGobain EU:SGO Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.04 -0.05% 74.66 74.60 75.50 75.60 74.64 74.92 1,133,117 16:40:00

Saint-Gobain Agrees to Sell Norandex to ABC Supply

15/09/2015 8:52am

Dow Jones News


Cie de SaintGobain (EU:SGO)
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By Inti Landauro

 

PARIS--French construction material maker Compagnie de Saint-Gobain SA (SGO.FR) Tuesday said it agreed to sell its U.S. retailer Norandex to ABC Supply Co. for an undisclosed amount.

The French company said the operation is part of an effort to sell construction material retailing assets and strengthen its business units in Europe and Brazil, instead.

Saint-Gobain expects the operation, which still requires approval from U.S. anti-trust regulators, to close in the fourth quarter.

-Write to Inti Landauro at inti.landauro@wsj.com

 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


(END) Dow Jones Newswires

September 15, 2015 03:37 ET (07:37 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

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