Hints and tips:
...Last but not least, French construction products company Saint-Gobain has agreed to sell UK building supplies merchant Jewson to an arm of CVC Capital Partners for £740mn....
...Cazenove, meanwhile, is more of a long macro sweep sector thing that’s also down on Kingspan and pro Saint-Gobain: The European Building Materials sector has delivered on our expectations for H1 results...
...The company recruited Christian Streiff, former executive of glassmaker Saint Gobain in 2006, to head up Airbus when it was still a subsidiary of parent company EADS, only for him to resign three months...
...Saint-Gobain and Sika are set to announce a complex deal that will see the French building materials company give up its fight for control of its Swiss rival in exchange for a pay-off....
...(City AM) Saudi Aramco IPO/UK: love island (FT) French retailer Casino announces €1.5bn asset sale plan (FT) Sika/Saint-Gobain pact is high point in shareholder collaboration (FT) Yellow Cake secures...
...His friends in the corps diplomatique mocked him for his decision to second himself here. “They said to me, ‘You’ll be a kind of farmer’,” he says....
...Three years ago, the Commission imposed fines totalling €1.4bn ($1.9bn) on Asahi, Pilkington, Saint-Gobain and Soliver, windscreen glass suppliers, for illegal market sharing and exchanging commercially...
...These inquiries follow a European Commission ruling in late 2008 that imposed fines totaling €1.4bn ($2bn) on four windshield glass suppliers – Asahi, Pilkington, Saint-Gobain and Soliver – for illegal market...
...The net loss was €918.3m, mainly due to a €1bn first-half writedown in the value of Saint-Gobain, the construction materials company in which Wendel holds an 18 per cent stake....
...Construction materials company Saint-Gobain rose 2 per cent to €34.01...
...French cement maker Lafarge slid 4.4 per cent to €36.47, while materials supplier Saint-Gobain lost 4.7 per cent to €28.96. Construction company Bouygues fell 3.3 per cent to €32.05....
...K+S in Germany lost 1.4 per cent to €41.79 while Saint Gobain in Paris declined 2.8 per cent to €31.28....
...In Paris, Saint-Gobain grew 3.1 per cent to €31.96 while Lafarge climbed 2.6 per cent to €39.13....
...Saint-Gobain , the construction materials company, closed up 6.3 per cent to €32.19, while Lafarge, its rival, jumped 5.1 per cent to €49.15 after Citigroup raised its recommendation on each company from...
...A judge in Regina v....
...They whisper wishes into stones, wrap them in shimmering cloth and hang them from a pole planted in the tomb of the saint. The site feels forlorn. Fountains cascading down the rocks have run dry....
...Compared with more heavily geared European rivals such as Saint-Gobain and Lafarge, both raising capital to reduce debt, CRH looks in good shape....
...In February, Lafarge and Saint Gobain, two of France’s biggest construction materials companies, announced rights issues of €1.5bn each, while Irish peer CRH raised €1.24bn in March....
...Saint-Gobain and Wendel recently agreed on a two-year truce....
...But its gamble on Saint Gobain, where it holds a 21.5 per cent stake, has gone badly wrong....
...Spain’s Sacyr Vallehermoso lost 12.6 per cent to €15.01, Grupo Ferrovial dropped 11.4 per cent to €31.97 and French construction group Saint Gobain slipped 10.2 per cent to €32.88, while Irish cement maker...
...There was more good news on the results front from construction group Saint-Gobain, which rose 4.2 per cent to €39.31 after reassuring investors with solid first-half results....
...The broker lowered its target prices on four companies – Saint Gobain, the French building materials group, and the cement makers Holcim, Lafarge and CRH....
...It has taken a strategic stake in Saint-Gobain, one of France’s most venerable public companies....
...Blackstone invested in Deutsche Telekom last year while French group Wendel has been building a stake in Saint-Gobain....
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