Brief: Cornerstone Building Brands Announces Divestiture Of Its Roll-Up Sheet Door Business For $168 Million, Unlocks Immediate Shareholder Value

Janus International

27/07/2021 22:01

July 27 (Reuters) - Cornerstone Building Brands Inc  CNR.N :
    * CORNERSTONE BUILDING BRANDS ANNOUNCES DIVESTITURE OF ITS
ROLL-UP
SHEET DOOR BUSINESS FOR $168 MILLION, UNLOCKS IMMEDIATE
SHAREHOLDER VALUE
    * CORNERSTONE BUILDING BRANDS INC - TO SELL ITS ROLL-UP
SHEET DOOR
BUSINESS TO JANUS INTERNATIONAL GROUP IN A CASH TRANSACTION FOR
$168 MILLION
    * CORNERSTONE BUILDING BRANDS INC - APPROXIMATELY 240
EMPLOYEES
WILL BE TRANSFERRED FROM CORNERSTONE BUILDING BRANDS TO JANUS

Source text for Eikon:  ID:nBw2XmqvPa 
Further company coverage:  CNR.N 

 ((Reuters.Briefs@thomsonreuters.com;))