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Saint-Gobain: Essilor share disposal closed

French group Saint-Gobain has announced the official closure of the sale of its 31.9% stake in Essilor. Saint-Gobain disposed of 21.9% through a public offer and the private placement, the remaining 1…

French group Saint-Gobain has announced the official closure of the sale of its 31.9% stake in Essilor. Saint-Gobain disposed of 21.9% through a public offer and the private placement, the remaining 10% being bought back by Essilor. The price of _ 275 per share means total proceeds for Saint-Gobain of _ 929 million.

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