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Saint-Gobain have made BPB a compelling offer

The boards of Saint-Gobain and BPB announced that they have reached agreement on the terms of a recommended cash offer for the entire issued and to be issued ordinary share capital of BPB.

The recommended offer values each BPB Share at 775 pence and the entire issued ordinary share capital of BPB at approximately £3, 894 million.

The BPB directors, who have been so advised by Rothschild, consider the terms of the recommended offer to be fair and reasonable and unanimously recommend that BPB shareholders accept the offer.



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