Saint-Gobain

Recent Events

News & Analysis

bpb and saint-gobain - All News and Analysis

• Former BPB chief in the frame to head Compass

  - 2006-01-03

  Richard Cousins, the recently departed head of the plasterboard maker BPB, is believed to have been approached to become the new chief executive of the embattled catering giant Compass Group. Mike Bailey is stepping down as chief executive of Compass after a tough year during which the...

  Tags: BPB, Compass Group, Saint-Gobain

• Saint-Gobain makes final push to win over BPB's shareholders

  - 2005-11-14

  Saint-Gobain, the French building materials group, is to raise its offer for the British plasterboard maker BPB by 5 per cent to between 750p and 760p a share, in a last-ditch attempt to persuade the board to recommend its bid. The French company was urgently requesting a...

  Tags: BPB, Saint-Gobain

• BPB fires final salvo in bid to see off French

  - 2005-11-11

  The plasterboard maker BPB delivered a final public rebuttal yesterday of the unwelcome advances of the French building materials group Saint-Gobain, and unveiled a surge in profits. The BPB chairman Sir Ian Gibson again urged shareholders to snub Saint- Gobain's hostile pounds 3.6bn, 720p-a-share cash offer, which...

  Tags: BPB, Saint-Gobain

• BPB rejects Saint-Gobain's pounds 3.7bn hostile takeover attempt

  - 2005-09-01

  The French building materials group Saint-Gobain set the clock ticking yesterday when it formally launched its hostile pounds 3.67bn takeover bid for the British plasterboard maker BPB. BPB immediately rejected the 720p-a-share bid. 'The board of BPB has no hesitation in reiterating its advice to shareholders to...

  Tags: BPB, Saint-Gobain

• Fitch Places Saint-Gobain on Rating Watch Negative

  - 2005-08-03

  LONDON -- Fitch Ratings, the international agency, has today placed Compagnie de Saint-Gobain SA's (Saint-Gobain) Senior Unsecured 'A' and Short-term 'F1' ratings on Rating Watch Negative. Approximately EUR8 billion of debt is covered by this action. This rating action follows today's announcement by Saint-Gobain of a cash offer for...

  Tags: BPB, Fitch Ratings, Saint-Gobain

• France's Saint-Gobain lines up possible pounds 3.2bn BPB bid

  - 2005-07-22

  The French glass and building materials maker, Saint-Gobain, is considering launching a cash offer for the British plasterboard maker BPB of about pounds 3.2bn. The move drove BPB shares sharply higher yesterday and sparked speculation of further consolidation in the building materials sector. BPB shares surged 37...

  Tags: BPB, Saint-Gobain