Saint-Gobain eschews debt for Continental Building buy

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Saint-Gobain eschews debt for Continental Building buy

Mike Turner
January 30, 2020 09:00 AM
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Rating Nahaufnahme | Stephan Hartmann/SBH - stock.adobe.com

France's Saint-Gobain has met the shareholder and regulatory needs for its around €1.3bn purchase of US plasterboard company Continental Building Products, as the acquisitive construction materials company gets the thumbs up from ratings agencies for swerving the debt markets to fund the deal.

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