CSR (CSR AU): Saint Gobain's $9/Share NBIO

Feb 22, 2024

∙ Paid

Cie De Saint-Gobain (SGO FP) is offering CSR (CSR AU) shareholders A$9/share by way of a Scheme, a 34% premium to last close. That's a knockout price.
The Offer is indicative. Confirmatory due diligence is ongoing. CSR board has, not surprisingly "unanimously resolved to pursue the offer at an agreed price of A$9.00".
A firm offer would be subject to FIRB and shareholder approval. Neither should pose an issue. Assuming a firm Offer is shortly forthcoming, this could be wrapped up late-July

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