Saint-Gobain Accepts the Purchase Offer of Ardagh on Verallia North America
PARIS, January 17, 2013 /PRNewswire/ --
After having consulted its Works council and having collected its favorable opinion, Compagnie de Saint-Gobain accepted the purchase offer of Ardagh on Verallia North America for an enterprise value of $1,694 million (around €1,275 million), representing 6.5 times 2012 EBITDA (around $261 million).
The transaction will be subject to authorization by the United States anti-trust authorities.
About Saint-Gobain
Saint-Gobain, the world leader in the habitat and construction markets, designs, manufactures and distributes building materials, providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2011 sales of €42.12 billion, Saint-Gobain operates in 64 countries and has nearly 195,000 employees. For more information about Saint-Gobain, visit http://www.saint-gobain.com.
Analyst / Investor Relations
Florence Triou-Teixeira
Vivien Dardel
Alexandra Baubigeat
+33-1-47-62-45-19
+33-1-47-62-44-29
+33-1-47-62-30-93
Press Contact
Sophie Chevallon Susanne Trabitzsch
+33-1-47-62-30-48
+33-1-47-62-43-25
SOURCE Saint-Gobain
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