By Max Bernhard

Compagnie de Saint-Gobain SA (SGO.FR) said Monday that it is selling its construction-glass business in Korea, Hankuk Glass Industries, to investment manager Glenwood Private Equity in a deal with an enterprise value of about 240 million euros ($262.5 million).

The transaction should close by the end of the year after approval from antitrust authorities, it said.

Write to Max Bernhard at max.bernhard@dowjones.com; @mxbernhard

(END) Dow Jones Newswires

September 30, 2019 02:31 ET (06:31 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Compagnie de Saint Gobain (PK) (USOTC:CODYY)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Compagnie de Saint Gobain (PK) Charts.
Compagnie de Saint Gobain (PK) (USOTC:CODYY)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Compagnie de Saint Gobain (PK) Charts.