CSR ends 62-year run on ASX as $4.3b takeover gets green light
Simon EvansSenior reporter
Saint-Gobain has secured strong approval from CSR shareholders for a $4.3 billion buyout despite disquiet from some investors that the price was too low.
The $9 per share takeover gives the French group ownership of brands including Gyprock plasterboard, PGH bricks and pavers, Monier roof tiles and Hebel building blocks. It also hands it a 25 per cent stake in the Tomago aluminium smelter in NSW.
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