Brief: Saint-Gobain To Sell Specialist Retail Operations In Sweden, Norway, Denmark To Finland's Kesko
Mon 07:13
BRIEF-Saint-Gobain To Sell Specialist Retail Operations In Sweden, Norway, Denmark To Finland's Kesko June 15 (Reuters) - Compagnie de Saint Gobain SA SGOB.PA:
HAS ANNOUNCED THAT IT HAS SIGNED DEFINITIVE AGREEMENT TO SELL ITS SPECIALIST RETAIL OPERATIONS IN SWEDEN, NORWAY AND DENMARK
TRANSACTION IS EXPECTED TO BE FINALISED BY EARLY 2027
SALE BASED ON ENTERPRISE VALUE OF €1,518 MILLION, WHICH CORRESPONDS TO 10.4 TIMES 2025 EBITDA INCLUDING LEASE LIABILITIES (IFRS 16) OR 14.6 TIMES 2025 EBITDA EXCLUDING LEASE LIABILITIES
TO SELL DAHL ACTIVITIES TO KESKO
Further company coverage: SGOB.PA
(Gdansk Newsroom)
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