Saint-Gobain In Talks To Sell DMTP For EUR 70 Mln [Reuters]
COMPAGNIE ST GBN UNSP/ADR (CODYY)
NASDAQ:AMEX Investor Relations:
saint-gobain.com/en/finance
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Source: Reuters
Compagnie de Saint Gobain SA (SGOB.PA) Key Developments | Reuters.com July 18 (Reuters) - Compagnie de Saint Gobain SA ::SAINT-GOBAIN ENTERS INTO EXCLUSIVE NEGOTIATIONS TO SELL ITS CIVIL ENGINEERING MATERIALS DISTRIBUTION BUSINESS (DMTP) IN FRANCE.DIVESTMENTS COMPLETED OR SIGNED AS OF TODAY ALREADY REPRESENT OVER EUR 2.8 BILLION IN SALES.PLANNED DIVESTMENT COULD BE COMPLETED DURING FOURTH-QUARTER 2019 OR FIRST-QUARTER 2020.IN TALKS TO SELL DISTRIBUTION DE MATÉRIAUX POUR LES TRAVAUX PUBLICS (DMTP) FOR AN ENTERPRISE VALUE OF EUR 70 MILLION.TTRANSACTION IS PART OF SAINT-GOBAIN'S PORTFOLIO OPTIMIZATION STRATEGY, WHICH AIMS TO DIVEST OVER EUR 3 BILLION IN SALES BY END 2019. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organiza
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