Hints and tips:
...and private equity have landed stakes in Heathrow (FT) France’s Saint-Gobain hunts for fresh acquisitions as part of sustainability push (FT) Gambling group Entain’s chief under pressure as activists...
...and a US unit of France-based Saint-Gobain have deployed similar strategies in recent years....
...J&J followed in the footsteps of Koch Industries subsidiary Georgia-Pacific, Trane Technologies and a US unit of France-based Saint-Gobain, which have all deployed the scheme....
...J&J followed the examples set by Koch Industries’ Georgia-Pacific, the first to deploy the Texas two-step in 2017, Trane Technologies, and a US unit of France-based Saint-Gobain....
...The company’s other interests include a container factory in Shanghai, opened in 1989, and a majority stake in Mariana Express Lines, which it acquired in 2015....
...Rydon has paid the accounting firm £3.4m in audit fees since 2007. Saint Gobain Construction Products UK, which owns insulation maker Celotex, has paid the firm more than £1m since 2011....
...The website for the holding group, which owns agencies such as Group M and Burson-Marsteller, was unavailable. Saint Gobain, the French construction group, was also hit....
...Saint-Gobain, founded by Colbert, is today Europe’s largest distributor of glass and building materials by sales....
...The federal Pension Benefits Guaranty Corporation can step in to demand cash payments into underfunded pension funds in certain M&A or restructuring situations, as it has in deals by Motorola, Saint Gobain...
...The particular skill of Winkler and his successors was to find sons-in-law who could carry on the business....
...The division had earnings before interest, tax, depreciation and amortisation of $103m in the 12 months to September....
...The disposal implies an enterprise value multiple for the business of 6.5 times its earnings before interest, tax, depreciation and amortisation – a whisker above the multiple Saint-Gobain was set to achieve...
...Saint-Gobain has agreed to sell its US glass bottle and jar making operations to Luxembourg-based Ardagh for $1.69bn as the French group concentrates on the construction and motor industries....
...Companies have also had wrists smacked for use of swaps; LVMH this year for shenanigans at fellow luxury group Hermes; and Wendel for its 2007 swoop on cement maker Saint-Gobain....
...In this lyrical account of two great voyages by container ship (from Felixstowe to LA, and Antwerp to Montreal) Clare paints an intimate portrait of the sailors and their working conditions....
...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...
..., Deutsche Telekom, Saint Gobain and Wal-Mart....
...Saint Gobain and Lafarge, the French materials construction groups, lost 6 per cent to €22.92 and 1.1 per cent to €33.62 respectively – some of the worst falls on the Paris bourse....
...For example, Saint Gobain put up a long struggle before granting board seats to Wendel, the French-listed investment group, which spent €4bn for a 21.5 per cent stake in the construction materials group....
...Shares in Saint Gobain fell 3.7 per cent to €38.27, Holcim lost 1.9 per cent to SFr81.15, Lafarge shed 3.5 per cent to €93.97 and CRH fell 7.4 per cent to €17.31....
...French construction conglomerate Saint Gobain advanced 5.2 per cent to €37.82, clawing back some of this week’s losses....
...One name in the frame was Saint Gobain, the French building materials group that owns plasterboard maker BPB in the UK....
...The first is taking minority stakes in public companies. Blackstone invested in Deutsche Telekom last year while French group Wendel has been building a stake in Saint-Gobain....
...First we had Saint-Gobain, where Jean-Louis Beffa parted ways with his initial choice of successor – Christian Streiff now heading Peugeot-Citroën – after just a few months....
...He is very shrewd and quiet. But he has his own mind and he is very good with people.” He was also chairman at BPB when the plasterboard maker was taken over by Saint-Gobain of France in 2005....
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