Following the Complaint Filed by the US Anti-Trust Authorities, Compagnie de Saint-Gobain is Working With Ardagh to Achieve the Closing of the Sale of Verallia North America PR Newswire PARIS, July 2, 2013 PARIS, July 2, 2013 /PRNewswire/ -- On January 17, 2013, Compagnie de Saint-Gobain has accepted the purchase offer of Ardagh on Verallia North America for an enterprise value of $1,694 million (around €1,275 million), representing 6.5 times 2012 EBITDA (around $261 million). The transaction is subject to authorization by the Federal Trade Commission (F.T.C). Yesterday, the F.T.C. filed a complaint in Federal Court seeking to prevent the sale from being consummated. The parties - Ardagh and Saint-Gobain - are disappointed by the action taken by the Commission. Saint-Gobain and Ardagh intend to vigorously defend the transaction in litigation, whilst at the same time working with the FTC to seek to resolve its concerns. Press relations Sophie CHEVALLON +33-1-47-62-30-48 Susanne TRABITZSCH +33-1-47-62-43-25 Analyst/Investor relations Florence TRIOU-TEIXEIRA +33-1-47-62-45-19 Vivien DARDEL+33-1-47-62-44-29 Alexandra BAUBIGEAT +33-1-47-62-30-93 SOURCE Saint-Gobain
Following the Complaint Filed by the US Anti-Trust Authorities, Compagnie de Saint-Gobain is Working With Ardagh to Achieve the
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