Summary
FRENCH glassmaker Saint-Gobain will square up to plasterboard maker BPB today with a hostile offer for its British building materials counterpart. The City expects it to be rejected outright.
While the rest of France has been enjoying its month-long national holiday, Saint-Gobain directors and advisers have been assembling a formal offer for BPB by today's Takeover Panel deadline.See the full content of this document
Extract
Bpb Expected to Reject Hostile Bid From French
Saint-Gobain launched an indicative 720p, or Pounds 3.68bn, hosti...
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