Saint-Gobain Finalizes Purchase of CBP

Compagnie de Saint-Gobain SA of France has completed the acquisition of Continental Building Products Inc (CBP) of Herndon, VA via a merger with its wholly-owned subsidiary, CetainTeed Gypsum and Ceilings USA Inc. Saint-Gobain acquired all the outstanding shares of CBP for US$37/share in cash in a transaction valued at approximately US$1.4 billion. CBP, formerly part...

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MTI Delivers Solid Third Quarter Performance

Minerals Technologies Inc (MTI) of New York, NY has reported a 17% decrease in worldwide net sales in the third quarter from US$543.5 million to US$451.0...

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