Shearman And Sterling

News November 13, 2019

Saint-Gobain’s $1.4 Billion Acquisition of Continental Building Products

Shearman & Sterling advised Citigroup Global Markets Inc., which acted as exclusive financial advisor to Continental Building Products Inc. (CBP), in connection with CBP’s sale to France's Compagnie de Saint-Gobain S.A. The deal is valued at about $1.4 billion, or $37 per share.  

Closing of the transaction is subject to CBP shareholders’ approval, U.S. antitrust approval and fulfillment of other customary closing conditions with expected closing in the second half of 2020.

The Team