ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

COD Compagnie De Saint-gobain

81.875
0.00 (0.00%)
Last Updated: 09:00:16
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Compagnie De Saint-gobain LSE:COD London Ordinary Share FR0000125007 COMPAGNIE DE ST-GOBAIN ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 81.875 77.65 85.65 10,048 09:00:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Construction Machinery & Eq 47.94B 2.67B - N/A 41.94B

Acquisition

07/04/2005 8:46am

UK Regulatory


RNS Number:7438K
Compagnie de Saint-Gobain
07 April 2005


press
release



      Saint-Gobain takes control of Hankuk Glass Industries (HGI) of Korea



In accordance with agreements finalized on April 6, 2005, Saint-Gobain has
increased its share of voting rights in Hankuk Glass Industries (HGI) from 46%
to 80.47%, and thus gained control of HGI.

Hankuk Glass Industries manufactures and processes glass for the architectural
and automotive markets and is also present in certain specialty glass segments.

In 2004, the company achieved a turnover of 323 billion wons (or around Euro227
million) with a workforce of 774 people.

HGI is mainly present in Korea, China and Japan.

Following on from the long-established partnership existing between Saint-Gobain
and Hankuk Glass Industries in the Flat Glass sector - essentially in Korea and
China -, this operation serves to strengthen Saint-Gobain's positions in Asia
and is consistent with the Group strategy of development in emerging countries.


Employing around 37,000 people, Saint-Gobain's Flat Glass Sector (Saint-Gobain
Vitrage) generated sales close to Euro4.4 billion in 2004. Saint-Gobain Vitrage is
currently present in 39 countries and ranks number two worldwide and number one
in Europe in the flat glass market.

Saint-Gobain Vitrage is organized according to the markets it serves. Its
businesses include: Saint-Gobain Glass, which specializes in basic glass
products; the Saint-Gobain Glass Solutions network, which processes and
distributes glass destined for the architectural and decoration markets;
Saint-Gobain Sekurit,  the leading supplier of glass to the automotive and
transport markets; and finally Saint-Gobain Specialties, which supplies glass
products to the domestic appliances and electronics industries, but also to the
industrial and commercial equipment industries.



April 7, 2005


                                                   Investor Relations Department


Florence Triou-Teixeira                                  Tel.: +33 1 47 62 45 19
Alexandre Etuy                                           Tel.: +33 1 47 62 37 15
                                                         Fax: +33 1 47 62 50 62



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

ACQIRMRTMMIMMJA

1 Year Compagnie De Saint-gobain Chart

1 Year Compagnie De Saint-gobain Chart

1 Month Compagnie De Saint-gobain Chart

1 Month Compagnie De Saint-gobain Chart

Your Recent History

Delayed Upgrade Clock