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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% | 82.10 | 78.55 | 86.55 | 4,419 | 11:42:15 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Construction Machinery & Eq | 47.94B | 2.67B | - | N/A | 42.06B |
RNS No 0688q COMPAGNIE DE SAINT-GOBAIN 16th September 1998 SAINT-GOBAIN GROUP FORMS STRATEGIC ALLIANCE WITH HANGLAS Saint-Gobain Group and Hanglas have decided to strengthen their relationship through a significant equity stake of Saint-Gobain in Hankuk Glass Industries Inc. capital structure, company which is both the largest flat glass manufacturer in Korea and the parent company of Hanglas Group. The purpose of this transaction is to obtain together with the Korean founding families, the majority control of Hankuk Glass. Both companies already developed a long relationship dating back to 1983, with the signature of a licence agreement with Isover for the production of glass wool through the TEL procedure. In 1989, Vetrotex, another company of Saint-Gobain, concluded an agreement for a joint-venture with the very Hankuk Glass for the construction of a fibre glass plant dedicated to the reinforcement of composites. The joint development with Hanglas Group has reached a new stage with additional joint-ventures in 1997 and 1998 in Korea and Poland for the production of safety glass for the automotive industry. These important investments of Saint-Gobain are part of a strategy of long term presence in Korea and Asia, where the cooperation with the Hanglas group will continue to expand. Investor Relations Department Tel: Florence TRIOU 33 1 47 62 45 19 Tel: Lounis BEKKAT 33 1 47 62 32 36 Fax: 33 1 47 62 50 62 END MSCLFMFBLLJBBPP
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