{"id":804092,"date":"2022-06-29T19:01:59","date_gmt":"2022-06-29T17:01:59","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/cornerstone-building-brands-completes-divestiture-of-its-coil-coatings-business-for-500-million\/"},"modified":"2022-06-29T19:01:59","modified_gmt":"2022-06-29T17:01:59","slug":"cornerstone-building-brands-completes-divestiture-of-its-coil-coatings-business-for-500-million","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/cornerstone-building-brands-completes-divestiture-of-its-coil-coatings-business-for-500-million\/","title":{"rendered":"Cornerstone Building Brands Completes Divestiture of its Coil Coatings Business for $500 Million"},"content":{"rendered":"CARY, N.C.--(BUSINESS WIRE)--Cornerstone Building Brands, Inc. (NYSE: CNR) (the \u201cCompany\u201d), the largest manufacturer of exterior building products in North America, completed the previously announced sale of 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\nThis strategic transaction positions the Company for further growth in large, deep markets and strengthens its financial flexibility. We continually evaluate our portfolio, taking actions that will result in a more focused and simplified portfolio, which we believe will enhance Cornerstone Buildin<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) (the \u201cCompany\u201d), the largest manufacturer of exterior building products in North America, completed the previously announced sale of 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 [&hellip;]<\/p>\n","protected":false},"author":0,"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-804092","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 Completes Divestiture of its Coil Coatings Business for $500 Million - 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-completes-divestiture-of-its-coil-coatings-business-for-500-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cornerstone Building Brands Completes Divestiture of its Coil Coatings Business for $500 Million - BeBeez\" \/>\n<meta property=\"og:description\" content=\"CARY, N.C.--(BUSINESS WIRE)--Cornerstone Building Brands, Inc. (NYSE: CNR) (the \u201cCompany\u201d), the largest manufacturer of exterior building products in North America, completed the previously announced sale of its coil coatings business to BlueScope Steel Limited (\u201cBlueScope\u201d) in an all-cash transaction for $500 million, subject to customary adjustments. 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