Saint-Gobain to pay $1.4B for Continental Building Products

French construction materials maker Saint-Gobain agreed to pay $1.4 billion for US finishing products manufacturer Continental Building Products. The target’s shareholders will receive $37 per share in cash, which is a 3.5% premium to the stock’s closing price on Tuesday, the two companies said. Following closure, Continental will be merged into a newly created subsidiary […]

Apollo Global buys Tech Data for $5.4B

Private equity firm Apollo Global Management has agreed to acquire technology equipment company Tech Data for $5.4 billion. The transaction includes the assumption of the target’s debt. Apollo will pay $130 per Tech Data share in cash. This is a premium of about 24.5% to the closing price on October 15 – the last trading day […]