Bpb Surges As French Firm Mulls Pounds 3.5bn Offer

Daily MailJuly 22, 2005

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Summary


FRENCH glass maker Saint-Gobain is mulling an offer for plasterboard maker BPB in a bid to boost its presence in the global Pounds 7bn gypsum market.

Saint-Gobain yesterday admitted it is considering 'strategic options in respect of BPB which might or might not lead to cash offer being made for BPB.' Shares in BPB soared to a record 700p to value it at Pounds 3.5bn, before settling to close up 136p at 6481/ 2p.

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Extract


Bpb Surges As French Firm Mulls Pounds 3.5bn Offer

But BPB said it had not received any form of offer...

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