According to Bloomberg, Saint-Gobain Considers Acquisition of GCP Applied Tech (GCP)

  • December 2, 2021

POTENTIAL DEAL DETAILS

StockGCP Applied Technologies Inc.SymbolGCP
Date Announced12/01/2021Source Bloomberg
TypeNews Report
Date of Confirmation: 12/06/2021Price at Confirmation: $30.92
Potential Profit: 16.07%Annualized Profit: 1172.82%

French building materials maker Cie. de Saint-Gobain is among suitors considering a potential acquisition of GCP Applied Technologies Inc., (GCP) people familiar with the matter said.

Update(s):

December 6, 2021: GCP Applied Technologies Inc. (GCP) announced that it has entered into a definitive agreement pursuant to which Saint-Gobain will acquire all of the outstanding shares of GCP Applied Technologies for $32.00 per share, in cash, in a transaction valued at approximately $2.3 billion.

Merger Agreement

For more details view Deal Metrics

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