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News USG shareholders approve acquisition by Knauf

USG shareholders approve acquisition by Knauf

Written by Global Gypsum staff
28 September 2018
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US: USG shareholders have approved an agreement and plan to accept Knauf’s takeover of the company. Approximately 99% of all votes cast voted in favour of the adoption of the agreement, representing approximately 88% of all outstanding shares as of 21 August 2018. Adoption of the merger agreement by USG stockholders is a condition to the closing of the merger. The merger is subject to certain other customary closing conditions, including receipt of regulatory approvals. The company currently expects the deal to close in early 2019.

Last modified on 01 October 2018
Published in Global Gypsum News
Tagged under
  • US
  • USG
  • Knauf
  • Acquisition

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