Following the Complaint Filed by the US Anti-Trust Authorities, Compagnie de Saint-Gobain is Working With Ardagh to Achieve the

 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
 
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