City Of London
Saint-Gobain Nears Sale of UK Builders Merchant Jewson to CVC
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Cie. de Saint-Gobain is nearing a deal to sell UK building supplies merchant Jewson to buyout firm CVC Capital Partners, people with knowledge of the matter said.
CVC’s building materials business, Stark Group A/S, is trying to hammer out final terms of an agreement with St. Gobain, the people said. It could reach a deal as soon as this week, the people said, asking not to be identified because the information is private.