CSR csr limited
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News: CSR France's St Gobain strikes agreement to buy Australia's CSR

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    26/02/24
    17:25
    Post #: 72603214

    PARIS, Feb 26 (Reuters) - French construction materials company St Gobain SGOB.PA said it had signed a definitive agreement to buy Australian peer CSR Limited (CSR) in a deal with an enterprise value of A$4.5 billion ($2.95 billion).

    St Gobain said it was offering A$9.00 for each share in CSR Ltd, adding the target company's management favoured the deal.

    ($1 = 1.5263 Australian dollars)

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