Compagnie de Saint-Gobain SA (XAMS:SGO)
€ 26.11 0 (0%) Market Cap: 44.32 Bil Enterprise Value: 53.37 Bil PE Ratio: 15.82 PB Ratio: 1.88 GF Score: 75/100

Compagnie de Saint Gobain SA Enters into Definitive Agreement to Acquire Continental Building Products Inc - M&A Call Transcript

Nov 13, 2019 / 07:00AM GMT
Release Date Price: €26.11
Operator

Ladies and gentlemen, welcome to the Saint-Gobain conference call. I will now hand over to Mr. Pierre-André de Chalendar, Chairman and CEO; Mr. Benoit Bazin, COO; and Mr. Sreedhar, CFO. Gentlemen, please go ahead.

Pierre;AndrÃ;de Chalendar
Compagnie de Saint-Gobain S.A. - Chairman & CEO

© -

Good morning. Pierre-André de Chalendar speaking. Good morning, everybody, and thank you for joining our conference call today.

As you will have seen in our press release last night, we have signed an agreement to acquire Continental Building Products, a highly respected plasterboard player in North America. This transaction has been unanimously approved by the Board of Directors of both Saint-Gobain and Continental Building Products for a known price value of $1.4 billion, approximately EUR 1.3 billion.

Now we are going to comment on the slides that have been posted on the Internet. So I'll start with Slide 2 to take a minute to explain how this acquisition fits in our -- with our Transform & Grow transformation

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot