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$4.3b deal is a simple lesson in the benefits of good relationships

Saint-Gobain’s first approach arrived on CSR boss Julie Coates’ first day back after a summer break. Six weeks later, it’s a done deal.

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CSR gets an early nomination for unexpected M&A slam dunk of the year.

Until last week’s leak, no-one was talking about Australia’s biggest plasterboard company getting a $4.3 billion takeover.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
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    Original URL: https://www.afr.com/chanticleer/4-3b-deal-is-a-simple-lesson-in-the-benefits-of-good-relationships-20240226-p5f806