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

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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