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Feb 21 (Reuters) - French construction materials group Saint-Gobain is in initial talks to acquire Australian building materials firm CSR Ltd, Bloomberg News reported on Wednesday.
The companies are working with advisers to narrow down on a deal, the report said, citing people familiar with the matter, with one of them adding that St. Gobain has lined up financing for a potential transaction.
CSR shares rose about 17.4% on Wedn...
>>> Read more: UPDATE 1-Saint Gobain in talks to buy Australia's CSR, Bloomberg reports
Feb 21 (Reuters) - French construction materials group Saint-Gobain is in initial talks to acquire Australian building materials firm CSR Ltd, Bloomberg News reported on Wednesday.
The companies are working with advisers to narrow down on a deal, the report said, citing people familiar with the matter, with one of them adding that St. Gobain has lined up financing for a potential transaction.
CSR shares rose about 17.4% on Wedn...
>>> Read more: UPDATE 1-Saint Gobain in talks to buy Australia's CSR, Bloomberg reports
