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Compagnie de Saint Gobain SA (SGOB.PA)

SGOB.PA on Paris Stock Exchange

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18 May 2018
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Fri, May 11 2018

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Sika's deal with France's Saint-Gobain may make it a bid target

PARIS/ZURICH Swiss adhesives maker Sika has repelled a hostile takeover bid from Saint-Gobain in a $3.2 billion deal that gives the French company a minority stake but may make Sika a more attractive target for others.

Sika's deal with France's Saint-Gobain may make it a bid target

PARIS/ZURICH Swiss adhesives maker Sika has repelled a hostile takeover bid from Saint-Gobain in a $3.2 billion deal that gives the French company a minority stake but may make Sika a more attractive target for others.

UPDATE 3-Sika's deal with France's Saint-Gobain may make it a bid target

* Saint-Gobain shares also climb (Adds further comments and detail)

Saint-Gobain, Sika reach deal to end bitter fight: FT

ZURICH French building materials company Saint-Gobain is set to take a large stake in Switzerland's Sika AG while abandoning its quest for control, the Financial Times reported on Thursday, in a deal that would end a nearly four-year-old hostile takeover.

Sika chairman calls on founder family to abandon stake sale

ZURICH, April 17 Sika chairman Paul Haelg has called on the Swiss chemical company's founding family to end a bitter takeover battle by abandoning its 2.75 billion Swiss franc ($2.9 billion) deal to sell its shares to France's Saint-Gobain.

Swiss group Sika Q1 sales scrape past estimates

April 16 Swiss construction chemicals group Sika reported first-quarter sales slightly above expectations on Tuesday as it awaits court verdict on its bitter takeover battle with France's Saint-Gobain.

Saint-Gobain CEO expects resolution of Sika case by end of year

PARIS French glass-maker Saint-Gobain expects a resolution of its long-standing takeover battle for Switzerland's Sika by the end of the year, its chief executive said on Wednesday.

Saint-Gobain CEO expects resolution of Sika case by end of year

PARIS French glass-maker Saint-Gobain expects a resolution of its long-standing takeover battle for Switzerland's Sika by the end of the year, its chief executive said on Wednesday.

High share price lets Sika offer better deal to family: CEO

ZURICH Sika's high share price provides scope for the Swiss construction chemicals group to offer its controlling family shareholders a better buyout offer than one the clan has agreed with France's Saint-Gobain , Sika's CEO said.

Sika earnings beat estimates as Saint-Gobain still looms

ZURICH, Feb 23 Sika reported better-than-expected 2017 net profit on Friday as France's Saint-Gobain said it remained confident it would win its protracted takeover battle for the Swiss construction chemicals maker.

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