{"id":778236,"date":"2022-04-12T08:00:46","date_gmt":"2022-04-12T06:00:46","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/cornerstone-building-brands-announces-divestiture-of-its-coil-coatings-business-for-500-million-leverages-long-term-supply-agreements-for-growth\/"},"modified":"2023-07-10T22:18:14","modified_gmt":"2023-07-10T20:18:14","slug":"cornerstone-building-brands-announces-divestiture-of-its-coil-coatings-business-for-500-million-leverages-long-term-supply-agreements-for-growth","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/cornerstone-building-brands-announces-divestiture-of-its-coil-coatings-business-for-500-million-leverages-long-term-supply-agreements-for-growth\/","title":{"rendered":"Cornerstone Building Brands Announces Divestiture of its Coil Coatings Business for $500 Million, Leverages Long-Term Supply Agreements for Growth"},"content":{"rendered":"CARY, N.C.--(BUSINESS WIRE)--Cornerstone Building Brands, Inc. (NYSE: CNR) (\u201cCornerstone Building Brands\u201d or the \u201cCompany\u201d), the largest manufacturer of exterior building products in North America, announced today that it has entered into a definitive agreement to sell its coil coatings business to BlueScope Steel Limited (\u201cBlueScope\u201d) in an all-cash transaction for $500 million, subject to customary adjustments. The transaction includes products sold under the Metal Coaters and Metal Prep brands.\n\n\n\nIn connection with the transaction, BlueScope and the Company will enter into long-term supply agreements to secure continued supply of light gauge coil coating and painted hot roll steel at favorable service levels, reaffirming Cor<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>CARY, N.C.&#8211;(BUSINESS WIRE)&#8211;Cornerstone Building Brands, Inc. (NYSE: CNR) (\u201cCornerstone Building Brands\u201d or the \u201cCompany\u201d), the largest manufacturer of exterior building products in North America, announced today that it has entered into a definitive agreement to sell its coil coatings business to BlueScope Steel Limited (\u201cBlueScope\u201d) in an all-cash transaction for $500 million, subject to customary [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-778236","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cornerstone Building Brands Announces Divestiture of its Coil Coatings Business for $500 Million, Leverages Long-Term Supply Agreements for Growth - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/cornerstone-building-brands-announces-divestiture-of-its-coil-coatings-business-for-500-million-leverages-long-term-supply-agreements-for-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cornerstone Building Brands Announces Divestiture of its Coil Coatings Business for $500 Million, Leverages Long-Term Supply Agreements for Growth - BeBeez\" \/>\n<meta property=\"og:description\" content=\"CARY, N.C.--(BUSINESS WIRE)--Cornerstone Building Brands, Inc. (NYSE: CNR) (\u201cCornerstone Building Brands\u201d or the \u201cCompany\u201d), the largest manufacturer of exterior building products in North America, announced today that it has entered into a definitive agreement to sell its coil coatings business to BlueScope Steel Limited (\u201cBlueScope\u201d) in an all-cash transaction for $500 million, subject to customary [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/cornerstone-building-brands-announces-divestiture-of-its-coil-coatings-business-for-500-million-leverages-long-term-supply-agreements-for-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"BeBeez\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-12T06:00:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-10T20:18:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo-x2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"683\" \/>\n\t<meta property=\"og:image:height\" content=\"242\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"olomaster\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"olomaster\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/cornerstone-building-brands-announces-divestiture-of-its-coil-coatings-business-for-500-million-leverages-long-term-supply-agreements-for-growth\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/cornerstone-building-brands-announces-divestiture-of-its-coil-coatings-business-for-500-million-leverages-long-term-supply-agreements-for-growth\/\"},\"author\":{\"name\":\"olomaster\",\"@id\":\"https:\/\/15.161.165.86\/#\/schema\/person\/f3523ef027b0af56aa28725439cc9518\"},\"headline\":\"Cornerstone Building Brands Announces Divestiture of its Coil Coatings Business for $500 Million, Leverages Long-Term Supply Agreements for Growth\",\"datePublished\":\"2022-04-12T06:00:46+00:00\",\"dateModified\":\"2023-07-10T20:18:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/cornerstone-building-brands-announces-divestiture-of-its-coil-coatings-business-for-500-million-leverages-long-term-supply-agreements-for-growth\/\"},\"wordCount\":740,\"publisher\":{\"@id\":\"https:\/\/15.161.165.86\/#organization\"},\"articleSection\":[\"Real Estate in Asia Pacific\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/cornerstone-building-brands-announces-divestiture-of-its-coil-coatings-business-for-500-million-leverages-long-term-supply-agreements-for-growth\/\",\"url\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/cornerstone-building-brands-announces-divestiture-of-its-coil-coatings-business-for-500-million-leverages-long-term-supply-agreements-for-growth\/\",\"name\":\"Cornerstone Building Brands Announces Divestiture of its Coil Coatings Business for $500 Million, Leverages Long-Term Supply Agreements for Growth - 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