Sika shareholders in last ditch attempt to stop Saint Gobain takeover

By Siobhan Lismore-Scott
Published: Wednesday, 24 December 2014

The removal of the clause would mean that Saint Gobain would not be able to sidestep engaging with shareholders of Sika to complete the acquisition, but would have to ask for their votes. Given the absolute clarity of the shareholders position, if the clause is removed, this could spell trouble for Saint Gobain

France’s Saint Gobain’s planned takeover of the Sika Group has hit another hurdle as minority shareholders, unhappy with the proposed deal, have filed a motion to remove a clause enabling the takeover to take place.

Saint Gobain signed a deal at the beginning of the month which enabled...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.