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Compagnie de Saint Gobain SA (SGOB.PA)

SGOB.PA on Paris Stock Exchange

37.67EUR
6 Dec 2019
Change (% chg)

€-0.02 (-0.05%)
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€37.69
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€37.86
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€37.53
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1,427,211
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€38.50
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Latest Key Developments (Source: Significant Developments)

St Gobain agrees to sell its expanded polystyrene business in France
Monday, 4 Nov 2019 

Nov 4 (Reuters) - St Gobain ::* Saint-Gobain, through its French subsidiary Placoplatre, has reached an agreement with HIRSCH Servo Group and BEWiSynbra Group to sell its expanded polystyrene (EPS) business in France. .* Saint-Gobain’s French EPS business has 6 industrial sites with around 240 employees and generated sales of around €70 million in 2018..* The completion of this transaction is subject to the approval of the relevant competition authorities. The transaction should be effective by the end of 2019..  Full Article

Saint-Gobain Q3 Organic Growth Up At 3.1%
Thursday, 24 Oct 2019 

Oct 24 (Reuters) - COMPAGNIE DE SAINT GOBAIN SA ::SALES FOR THE FIRST NINE MONTHS OF 2019.ORGANIC GROWTH AT 3.4% FOR THE NINE-MONTH PERIOD AND AT 3.1% IN Q3.VOLUMES UP 1.4% FOR THE NINE-MONTH PERIOD AND UP 1.7% IN Q3.POSITIVE CURRENCY IMPACT OF 0.7% FOR THE NINE-MONTH PERIOD AND OF 1.0% IN Q3.GROUP’S ACTION PRIORITIES AS DEFINED IN FEBRUARY REMAIN.CONFIRMS ITS OBJECTIVES FOR FULL-YEAR 2019.FOR H2 EXPECTS A LIKEFOR-LIKE INCREASE IN OPERATING INCOME COMPARED TO SECOND-HALF 2018.  Full Article

Saint-Gobain Completes Sale Of Its Optimera Distribution Business In Denmark
Monday, 7 Oct 2019 

Oct 7 (Reuters) - COMPAGNIE DE SAINT GOBAIN SA ::SAINT-GOBAIN COMPLETES SALE OF ITS OPTIMERA DISTRIBUTION BUSINESS IN DENMARK.  Full Article

Saint-Gobain Sells K Par K In France
Tuesday, 1 Oct 2019 

Oct 1 (Reuters) - COMPAGNIE DE SAINT GOBAIN SA ::SAINT-GOBAIN SELLS K PAR K IN FRANCE.DIVESTMENTS COMPLETED OR SIGNED AS OF TODAY REPRESENT OVER €3.1 BILLION IN SALES.  Full Article

St Gobain outlines impacts of new IFRS standards
Monday, 1 Jul 2019 

July 1 (Reuters) - St Gobain ::* Group has chosen to apply IFRS 16 using the full retrospective method at January 1, 2019, with retroactive effect from January 1, 2018.* Group estimates that the impact at the transition date.* The full-year 2018 impact is an increase of +€787 million in EBITDA and +€85 million on operating income.  Full Article

Saint-Gobain Cancels 6 Million Shares
Friday, 14 Jun 2019 

June 14 (Reuters) - Compagnie de Saint Gobain SA ::SAINT-GOBAIN CANCELS 6 MILLION SHARES.  Full Article

RIB Software, Saint Gobain Announce JV in Germany
Monday, 8 Apr 2019 

April 9 (Reuters) - RIB Software SE ::Saint-Gobain and RIB announce joint venture "SGTWO" in Germany.New joint venture SGTWO will offer new suite of online services to improve digital offer for general contractors, builders and architects.For RIB, 100% subsidiary YTWO will act as shareholder of new company.Objective of JV is to improve way of modular building and planning in enhanced 5D BIM solution.New company will be headquartered in Düsseldorf.  Full Article

Tecnoglass Enters Into Strategic Joint Venture Agreement With Saint-Gobain
Friday, 11 Jan 2019 

Jan 11 (Reuters) - Tecnoglass Inc ::TECNOGLASS ENTERS INTO STRATEGIC JOINT VENTURE AGREEMENT WITH SAINT-GOBAIN.COMPANY'S INVESTMENT FOR MINORITY INTEREST IN VIDRIO ANDINO IS APPROXIMATELY $45 MILLION.TECNOGLASS - INVESTMENT EXPECTED TO BE FUNDED WITH CASH OF APPROXIMATELY $34 MILLION PLUS LAND CONTRIBUTED AT AN AGGREGATE VALUE OF APPROXIMATELY $11 MILLION.JV AGREEMENT WITH SAINT-GOBAIN THROUGH PLANNED PURCHASE OF MINORITY OWNERSHIP INTEREST IN VIDRIO ANDINO, A UNIT OF SAINT-GOBAIN.TECNOGLASS INTENDS TO FUND CASH PORTION OF TRANSACTION WITH CASH ON ITS BALANCE SHEET AND READILY AVAILABLE LINES OF CREDIT.INITIAL $45 MILLION INVESTMENT INTO JV FROM TECNOGLASS WILL BE USED TO FUND PORTION OF CONSTRUCTION COST FOR NEW MANUFACTURING FACILITY.TECNOGLASS - INITIAL $45 MILLION INVESTMENT WILL BE USED TO FUND A PORTION OF CONSTRUCTION COST FOR NEW MANUFACTURING FACILITY NEAR BARRANQUILLA.  Full Article

St Gobain: Tecnoglass buys minority share in Colombian arm Vidrio Andino
Friday, 11 Jan 2019 

Jan 11 (Reuters) - Saint Gobain SA ::SAINT-GOBAIN INCREASES ITS FLAT GLASS PRODUCTION CAPACITY IN COLOMBIA.TECNOGLASS HAS TAKEN A MINORITY SHARE IN THE CAPITAL OF ITS COLOMBIAN SUBSIDIARY VIDRIO ANDINO.Vidrio Andino will build a new float in Colombia to meet growing demand for glass in this region.New capacity will increase Saint-Gobain's daily production by 750 metric tons of glass dedicated to architectural projects in the region. Initial production is planned for 2021.  Full Article

St Gobain in talks over sale of its silicon carbide division
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - :ENTERS INTO EXCLUSIVE DISCUSSIONS FOR SALE OF ITS SILICONE CARBIDE DIVISION.EXCLUSIVE AGREEMENT WITH PRIVATE EQUITY FIRM OPENGATE CAPITAL AFTER HAVING RECEIVED A PURCHASE OFFER TO ACQUIRE THE GROUP’S SILICON CARBIDE DIVISION..FIRM AND BINDING OFFER IS NOT SUBJECT TO ANY FINANCING CONDITIONS.Saint-Gobain is a worldwide leader in silicon carbide grains and powders with annual sales of around €120 million.Transaction is part of Saint-Gobain’s announced objective to divest businesses representing sales of at least €3 billion by the end of 2019.  Full Article

Deals of the day-Mergers and acquisitions

Nov 13 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday: