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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.16 | -1.29% | 88.68 | 88.30 | 88.90 | 89.14 | 87.16 | 89.00 | 1,444,907 | 16:40:00 |
From Jan 2020 to Jan 2025
By Nathan Allen
Compagnie de Saint-Gobain SA (SGO.FR) said Friday that it has finalized the sale of some of its pipe businesses in China to Nanjing Manyuan Technology Co. for 200 million euros ($228 million).
The sale comprises part of its Xuzhou pipe-manufacturing site in China and some other industrial and property assets, Saint-Gobain said.
The site is one the company's two pipe factories in China, which manufacture ductile cast-iron pipes and fittings.
China's Ministry of Commerce has approved the sale, which is part of Saint-Gobain's global divestment program announced in July.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
November 23, 2018 03:50 ET (08:50 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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