Continental Building Products (CBPX) Misses Q3 EPS by 2c

Go back to Continental Building Products (CBPX) Misses Q3 EPS by 2c

Continental Building Products Reports Third Quarter 2019 Results and Announces Agreement to be Acquired by Saint-Gobain for $37.00 Per Share in Cash

November 12, 2019 4:11 PM EST

- Transaction Valued at $1.4 Billion and Represents Premium of Approximately 34.4% -

HERNDON, Va.--(BUSINESS WIRE)-- Continental Building Products, Inc. (NYSE: CBPX) (the "Company"), a leading manufacturer of gypsum wallboard and complementary finishing products, announced today results for the third quarter ended September 30, 2019. The Company also announced that it has entered into a definitive agreement pursuant to which it will be acquired by Compagnie de Saint-Gobain S.A. ("Saint-Gobain") (PAR: SGO) for $37.00 per share in cash.

Highlights of Third Quarter 2019 as Compared to Third Quarter... More