Compagnie de Saint Gobain (FR:SGO) has released an update.
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Saint-Gobain has solidified its presence in the Asia-Pacific by acquiring CSR Limited, a leading Australian building materials company known for its high-performance products and significant market share. The acquisition aligns with Saint-Gobain’s strategy to expand in light and sustainable construction. Julie Coates will be stepping down as CSR’s CEO but will join the new board, while Paul Dalton takes over as CEO to drive continued growth under the Saint-Gobain umbrella.
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