Saint-Gobain announces that it has reached a definitive agreement to acquire CSR Limited at a price of nine Australian dollars per share, representing an enterprise value of 4.5 billion Australian dollars (approximately 2.7 billion euros).

A leading player in building materials in Australia with 30 production plants and approximately 2,500 employees, CSR represents total sales of 2.7 billion Australian dollars and an estimated EBITDA of 422 million.500 employees, CSR represents total sales of 2.7 billion Australian dollars and an estimated EBITDA of 422 million.

Completion of the transaction, financed entirely from available cash, is subject to CSR shareholder approval, certain regulatory approvals and other customary conditions, with closing expected in the second half of 2024.

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