April 10 (Reuters) - Cornerstone Building Brands Inc CNR.N :
- CORNERSTONE BUILDING BRANDS ANNOUNCES DIVESTITURE OF ITS COIL COATINGS BUSINESS FOR $500 MILLION, LEVERAGES LONG-TERM SUPPLY AGREEMENTS FOR GROWTH
- IN CONNECTION WITH TRANSACTION, BLUESCOPE AND COMPANY WILL ENTER INTO LONG-TERM SUPPLY AGREEMENTS
- CORNERSTONE BUILDING BRANDS - CO WILL SELL 7 MANUFACTURING FACILITIES AND TRANSFER ABOUT 570 EMPLOYEES FROM CORNERSTONE BUILDING BRANDS TO BLUESCOPE
- TRANSACTION INCLUDES PRODUCTS SOLD UNDER METAL COATERS AND METAL PREP BRANDS
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