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WKN DE: A2PLB2 / ISIN: US21925D1090

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14.02.2022 14:37:55

Cornerstone Building Brands Gets Final Proposal From Funds Affiliated With CD&R

(RTTNews) - Cornerstone Building Brands, Inc. (CNR) acknowledged receipt of a non-binding, best and final proposal from funds affiliated with Clayton, Dubilier & Rice, LLC to acquire all of the company's outstanding shares of common stock that CD&R does not already own for $24.65 in cash per share. CD&R is currently the beneficial owner of approximately 49% of the company's outstanding shares of common stock.

Cornerstone Building Brands does not currently intend to comment further about the proposal until a specific transaction is recommended by the Special Committee, and approved by the Board.

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