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Ireland's Kingspan to acquire BMC Manufacturing

Ireland's Kingspan to acquire BMC Manufacturing 

- Irish building materials company Kingspan KSP.I said on Tuesday it is acquiring BMC Manufacturing, a power management systems business.

The initial consideration for the shares will be €850 million ($980.90 million) on a debt-free cash-free basis, Kingspan said in a statement.


($1 = €0.8666)


(Reporting by Hyunsu Yim in Barcelona; Editing by Susan Fenton)

((Hyunsu.Yim@thomsonreuters.com;))

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