France's Saint-Gobain to buy Canada's Kaycan for $928 million

– Saint-Gobain has entered right into a definitive settlement to accumulate Kaycan, a producer of premium constructing merchandise in Canada and the USA, for $928 million in money, the French group stated on Tuesday.

The transaction, set to finish by the tip of this 12 months, will increase Saint-Gobain’s provide in sustainable development and can strengthen the corporate’s place in North America, Chief Govt Officer Benoit Bazin stated in a name.

(This story has been refiled to appropriate spelling error in headline)

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