USG
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German building materials giant Knauf completes acquisition of USG Corporation
German building materials maker Knauf and USG Corporation jointly announced the completion of Knauf’s acquisition of USG. USG stockholders will receive $43.50 in cash for each share of USG common stock held at the effective time of the merger, without interest and subject to tax withholding as applicable. This closing consideration is in addition to the special dividend of $0.50 per share of USG common stock that was previously paid on October 2, 2018 to holders of record as of the close of business on August 21, 2018. This acquisition creates a global building materials industry leader that combines two highly complementary businesses, product portfolios and global footprints. “This transformational transaction is the largest acquisition in Knauf’s history and, accordingly, presents significant opportunities to create a stronger, more sustainable company for our... Continue reading
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April 25, 2019
German building materials giant Knauf completes acquisition of USG Corporation
German building materials maker Knauf and USG Corporation jointly announced the completion of Knauf’s acquisition of USG. USG stockholders will receive $43.50 in cash for each share of USG common stock held at the effective time of the merger, without interest and subject to tax withholding as applicable. This closing consideration is in addition to the special dividend of $0.50 per share of USG common stock that was previously paid on October 2, 2018 to holders of record as of the close of business on August 21, 2018. This acquisition creates a global building materials industry leader that combines two highly complementary businesses, product portfolios and global footprints. “This transformational transaction is the largest acquisition in Knauf’s history and, accordingly, presents significant opportunities to create a stronger, more sustainable company for our... Continue reading
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German building materials giant Knauf completes acquisition of USG Corporation
German building materials maker Knauf and USG Corporation jointly announced the completion of Knauf’s acquisition of USG. USG stockholders will receive $43.50 in cash for each share of USG common stock held at the effective time of the merger, without interest and subject to tax withholding as applicable. This closing consideration is in addition to the special dividend of $0.50 per share of USG common stock that was previously paid on October 2, 2018 to holders of record as of the close of business on August 21, 2018. This acquisition creates a global building materials industry leader that combines two highly complementary businesses, product portfolios and global footprints. “This transformational transaction is the largest acquisition in Knauf’s history and, accordingly, presents significant opportunities to create a stronger, more sustainable company for our... Continue reading
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German building materials giant Knauf completes acquisition of USG Corporation
German building materials maker Knauf and USG Corporation jointly announced the completion of Knauf’s acquisition of USG. USG stockholders will receive $43.50 in cash for each share of USG common stock held at the effective time of the merger, without interest and subject to tax withholding as applicable. This closing consideration is in addition to the special dividend of $0.50 per share of USG common stock that was previously paid on October 2, 2018 to holders of record as of the close of business on August 21, 2018. This acquisition creates a global building materials industry leader that combines two highly complementary businesses, product portfolios and global footprints. “This transformational transaction is the largest acquisition in Knauf’s history and, accordingly, presents significant opportunities to create a stronger, more sustainable company for our... Continue reading