Items filtered by date: Friday, 26 April 2019
Recticel rejects buyout offer from Kingspan 26 April 2019
Belgium: Recticel has rejected an offer from Kingspan to buy its insulation division and flexible foams division for Euro700m. The board said that it did not believe that the offer was not in the interest of its stakeholders. It added that the sale of these divisions was not in line with its strategy and that the offer ‘significantly’ underestimated the value of the divisions.
Published in
Global Insulation News