France's Saint-Gobain acquires Australia's CSR for $2.82B, targeting Asia-Pacific expansion.

France's Saint-Gobain, a construction materials company, has agreed to acquire Australia's CSR for 4.30 billion Australian dollars ($2.82 billion) in a deal aimed at increasing its exposure to Asia-Pacific. The transaction is expected to boost Saint-Gobain's earnings per share from the first year and expand the company's presence in Australia. The deal is anticipated to close in the second half of the year.

February 26, 2024
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