CSR (ASX:CSR) completes acquisition by Saint-Gobain
Grafa2024-07-09
CSR has completed its acquisition by Compagnie de Saint-Gobain through a scheme of arrangement.
Shareholders received $8.88 per CSR share held as of the scheme record date on July 2, in addition to a permitted dividend of 12 cents per share paid on July 1.
The board underwent changes, with all directors except Managing Director Julie Coates resigning. New appointments include Paul Dalton, Benoit d'Iribarne, Sara Lom, Natarajan Sreedhar, and Ludovic Weber.
Trading in CSR shares was suspended on June 19 and CSR plans to delist from the ASX before July 10.
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