Tuesday, July 17, 2007

UPDATE 1-St-Gobain in talks to sell reinforcement unit

(Reuters) - "Saint-Gobain announces that discussions regarding the plan
to merge its Reinforcements and Composites activities with the
Reinforcements business of Owens Corning, are now focusing on a
sale project ... rather than on the creation of a jointly-owned
company," Saint-Gobain said in a statement.




No financial terms were disclosed.


Read more at Reuters.com Mergers News

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