Saint-Gobain Enters into Exclusive Discussions for The Sale of Its Silicon Carbide Division

Saint-Gobain moved another step forward in the acceleration of its portfolio management, reaching an exclusive agreement with private equity firm OpenGate Capital after having received a purchase offer to acquire the Group's silicon carbide division. This firm and binding offer is not subject to any financing conditions. Saint-Gobain is a worldwide leader in silicon carbide grains and powders with annual sales of around €120 million. The transaction envisaged will be finalized after the…

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Source: webwire
Saint-Gobain Enters into Exclusive Discussions for The Sale of Its Silicon Carbide Division



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