gcp applied technologies merger

Founded in 1904 as General Roofing Manufacturing Company, the firms slogan Quality Made Certain, Satisfaction Guaranteed, inspired the name CertainTeed. Saint-Gobain represents a great partner for GCP and we are pleased to have reached this agreement. Forward-looking statements may be identified by the context of the statement and generally arise when GCP or its management is discussing its beliefs, estimates or expectations. TAM-VIT. Accomplished at managing projects in the fields of Mobile & Web app development, Cloud computing (Google Cloud, AWS), Enterprise Payment . Such statements generally include the words believes, plans, intends, targets, will, expects, estimates, suggests, anticipates, outlook, continues, or similar expressions. We also use cookies set by other sites to help us deliver content from their services. Saint-Gobain / GCP Applied Technologies merger inquiry The CMA investigated and cleared the anticipated acquisition by Saint-Gobain of GCP Applied Technologies. The merger was approved and subsequently consummated before the open on September 27, 2022. GCP Applied Technologies. Actual results and outcomes may differ materially from what is contained in such forward-looking statements as a result of various factors, including, without limitation: (1) the inability to consummate the Merger within the anticipated time period, or at all, due to any reason, including the failure to obtain stockholder approval to adopt the Merger Agreement, the failure to obtain required regulatory approvals or the failure to satisfy the other conditions to the consummation of the Merger; (2) the risk that the Merger Agreement may be terminated in circumstances requiring GCP to pay a termination fee of $71 million; (3) the risk that the Merger disrupts GCPs current plans and operations or diverts managements attention from its ongoing business; (4) the effect of the announcement of the Merger on the ability of GCP to retain and hire key personnel and maintain relationships with its customers, suppliers and others with whom it does business; (5) the effect of the announcement of the Merger on GCPs operating results and business generally; (6) the amount of costs, fees and expenses related to the Merger; (7) the risk that GCPs stock price may decline significantly if the Merger is not consummated; (8) the nature, cost and outcome of any litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against GCP and others; (9) other factors that could affect GCPs business such as, without limitation, cyclical and seasonal nature of the industries that GCP serves; foreign operations, especially in emerging regions; changes in currency exchange rates; business disruptions due to public health or safety emergencies, such as the novel strain of coronavirus ("COVID-19") pandemic; the cost and availability of raw materials and energy; the effectiveness of GCPs research and development, new product introductions and growth investments; acquisitions and divestitures of assets and gains and losses from dispositions; developments affecting GCPs outstanding liquidity and indebtedness, including debt covenants and interest rate exposure; developments affecting GCPs funded and unfunded pension obligations; warranty and product liability claims; legal proceedings; the inability to establish or maintain certain business relationships and relationships with customers and suppliers or the inability to retain key personnel; the handling of hazardous materials and the costs of compliance with environmental regulations; extreme weather events and natural disasters; and (10) other risks to consummation of the proposed Merger, including the risk that the proposed Merger will not be consummated within the expected time period or at all. In August, Saint-Gobain completed its $928 Million acquisition of Kaycan, Ltd., a family-owned manufacturer and distributor of exterior building materials, becoming the top siding player in Canada. To assist it with this assessment, the CMA invites comments on the transaction from any interested party. You can change your cookie settings at any time. The company says it expects a lot of growth as its admixtures and additives provide solutions to "de-carbonize the construction industry.". GCP products have been . GCP Applied Technologies Inc. produces and sells specialty construction chemicals and specialty building materials worldwide. GCP partners with producers, contractors, designers and engineers to achieve performance and sustainability goals. GCP and its directors, executive officers and certain other members of management and employees may be deemed to be participants in soliciting proxies from its stockholders in connection with the Merger. The acquisition of GCP Applied Technologies ( GCP) by Saint-Gobain for $2.3 billion or $32 per share in cash. French construction materials company Saint-Gobain on Monday said it would buy GCP Applied Technologies in a deal that values the U.S.-based specialty construction chemicals company at around $2.3 . The acquisition of GCP Applied Technologies follows several other growth investments in North America announced by Saint-Gobain in recent months: In August, Saint-Gobain completed its $928 Million . 2022 TheStreet, Inc. All rights reserved. Its workforce grew from 35,000 in 1950 to 100,000 in 1969. Dec 6, 2021 9:50 AM EST Shares of GCP Applied Technologies ( GCP) - Get Free Report jumped on Monday after the specialty construction chemicals maker agreed to be acquired by French. If the merger is approved and consummated, each existing GCP Common Share will be converted into the right to receive $32.00 . EX-2.1. Evaluation of Various technologies in Data and BI area as well as driving the overall vision for technology roadmap Business Intelligence. 2325 Lakeview Parkway. London, United Kingdom. These efforts have allowed us to achieve this great result., Benoit Bazin, Chief Executive Officerof Saint-Gobain, commented:The acquisition of GCP is an excellent and significant step for Saint-Gobain to further reinforce its worldwide leadership in construction chemicals and strengthen its geographic presence in North America and emerging markets, both objectives being at the core of our Grow & Impact strategic plan. Created multiple calendars (including fiscal and 454). Option Symbol: GCP Date: 09/27/2022 On March 8, 2022, Shareholders of GCP Applied Technologies Inc. (GCP) voted concerning the proposed merger with a wholly-owned subsidiary of Cyclades Parent, Inc., a subsidiary of Compagnie de Saint-Gobain S.A. GCP will begin "regular way" trading on the NYSE tomorrow. The transaction is expected to close by year-end 2022 and is still subject to shareholder approval. How much ever hard you work, you are never rewarded or given credit. Your managers will try to take all credit of your work. W.R. Grace completes spinoff of new company GCP Applied Technologies W. R. Grace (GRA) has completed the previously announced separation of Grace into two independent companies: W. R. Grace and GCP Applied Technologies (GCP). The Alpharetta, Georgia-based company will be paid $32 per share in cash, representing a premium of 39% above the company's 30-day trading average. INVESTORS AND STOCKHOLDERS OF GCP ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER RELEVANT MATERIALS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT GCP, PARENT, MERGER SUB, GUARANTOR AND THE MERGER. Word on the structure and branding of the North American GCP and Chryso Inc. businesses is pending deal closing. This acquisition is a major milestone in establishing Saint-Gobains leading position worldwide in construction chemicals and furthers the Groups strategy as worldwide leader in light and sustainable construction. We at TAM-VIT build the AI and ML geek in you. Shares of GCP Applied Technologies (GCP) - Get Free Reportjumped on Monday after the specialty construction chemicals maker agreed to be acquired by French counterpart Saint-Gobain in a deal that values the company at about $2.3 billion. Saint-Gobain has acquired all of the outstanding shares of GCP Applied Technologies for $32.00 per share, in cash, in a transaction valued at approximately $2.3 billion. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. GCP Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of GCP Applied Technologies Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the. We do not have a dedicated website in [country]. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. GCP Applied Technologies Inc is a provider of construction products and technologies. The sales organizational function also pays relatively high compared to other . GCP will delist from the New York Stock Exchange. Well send you a link to a feedback form. GCP Applied Technologies (NYSE: GCP) is a leading global provider of construction products technologies that include admixtures and additives for concrete and cement, the Verifi in-transit concrete management system, high-performance waterproofing products, and specialty construction products. GCP's Acquisition by Saint-Gobain Closes. In total, 5,049 stories have been published about Community of Madrid which Ground News has aggregated in the past 3 months. 26 May 2022: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services. GCP will delist from the New York Stock Exchange. Between 1950 and 1969, Saint-Gobain's sales rose at a rate of 10% per year. Employees who work in the business development organizational function tend to get paid the most at at GCP Applied Technologies, earning an average yearly salary of $132,623. Investors may obtain a free copy of these materials (when they are available) and other documents filed by GCP with the SEC at the SECs website at www.sec.gov, at GCPs website at www.gcpat.com or by sending a written request to GCP Applied Technologies Inc., Attn: GCP Shareholder Services, 2325 Lakeview Parkway, Alpharetta, Georgia 30009. UK: The Competition and Markets Authority (CMA) has formally launched the first phase of a merger inquiry into the proposed acquisition by Saint-Gobain of GCP Applied Technologies. Saint-Gobain CEO Benoit Bazin highlighted growth opportunities in the U.S. construction sector, especially considering the massive infrastructure plan that was recently signed into law by the Biden administration in a conference call announcing the deal, according to Reuters. Asia Pacific; EMEA; Latin America; UK Solicitors; UK Bar; United States Action Alerts PLUS is a registered trademark of TheStreet, Inc. Join the Action Alerts Plus investing club today. It looks like you are visiting [current_website] from [country]. ("Merger Sub"), and, solely for the purposes of Section 8.13 of the Merger Agreement . 0001213900-22-069375.txt : 20221104 0001213900-22-069375.hdr.sgml : 20221104 20221104160607 accession number: 0001213900-22-069375 conformed submission type: f-3/a public document count: 7 filed as of date: 20221104 date as of change: 20221104 filer: company data: company conformed name: pop culture group co., ltd central index key: 0001807389 standard industrial classification: services . Would you like to visit [country] website ? GCPs well-respected brands and decades of experience will integrate with Saint-Gobains CertainTeed and Chryso businesses. It is a place where employees are bullied and discriminated. For more details on Saint-Gobain, visit http://www.saint-gobain.com and follow us on Twitter @saintgobain. Today, CertainTeed is a leading North American brand of exterior and interior building products, including roofing, siding, solar, fence, railing, trim, insulation, drywall and ceilings. ALPHARETTA, GA - September 27, 2022 - GCP Applied Technologies, a leading global provider of construction products, READ MORE August 30, 2022 Defining the Air Barrier Performance Standard for More Than 40 Years No architect or building engineer today would consider erecting a commercial building without a continuous, fully READ MORE GCP partners with producers, contractors, designers and engineers to achieve performance and sustainability goals. Senior Business Analyst, Product Owner. from 8-K 105 pages Agreement and Plan of Merger by and Among Cyclades Parent, Inc., Cyclades Merger Sub, Inc. GCP Applied Technologies Inc. and Compagnie De Saint-Gobain S.A. (Solely for Purposes of Section 8.13) Dated as of December 5, 2021. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills . Menu Home; Rankings. How Inflation Impacts Bank and Tech Earnings Risk. Information regarding the persons who may, under the rules of the SEC, be considered to be participants in the solicitation of GCPs stockholders in connection with the Merger will be set forth in GCPs definitive proxy statement for its special stockholder meeting. The Management at GCP is completely unethical and unprofessional. CYCLADES MERGER SUB, INC. GCP APPLIED TECHNOLOGIES INC. and COMPAGNIE DE SAINT-GOBAIN S.A. (solely for purposes of Section 8.13) Dated as of December 5, 2021 TABLE OF CONTENTS Page ARTICLE 1 THE MERGER 2 1.1 The Merger 2 1.2 Closing and Effective Time of the Merger 3 . Also in May, the company announced a $28 Million investment in its ADFORS technical textile products facility in Dublin, Georgia, creating 400 jobs over the next two years. that many customers still refer to the business today as 'GCP'.. Of course, the company couldn't escape the trend of 'buzzy . GCP Applied Technologies Inc. (Exact Name of Registrant as Specified in Charter) Delaware 001-37533 47-3936076 (State or Other Jurisdiction of (Commission (IRS Employer Incorporation or. Saint-Gobain has acquired all of the outstanding shares of GCP Applied Technologies for $32.00 per share, in cash, in a transaction valued at approximately $2.3 billion. Closing of the transaction is subject to GCP Applied Technologies shareholders approval, antitrust approvals and satisfaction of other customary closing conditions with closing expected in the second half of 2022.Simon Bates, President and Chief Executive Officer of GCP, commented: Today opens an exciting new era in GCPs rich history, for our shareholders, customers and employees. Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. For more information about Saint-Gobain, visit www.saint-gobain.com. Achievements - Retail Integration Programme: (50M) The sales suite is responsible for 39% of the bank's revenue. CYCLADES MERGER SUB, INC. GCP APPLIED TECHNOLOGIES INC. and . The CMA will now decide whether to refer the merger for further scrutiny by 21 September 2022. GCP Applied Technologies (GCP) has seen solid . Please send written representations about any competition issues to general.enquiries@cma.gov.uk. I am involved in the Innovation Lab initiative handling new approaches in data visualisation, and natural language processing. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. Primary & Secondary Efflorescence Admixture, Plasticizers, Accelerators & Strength Enhancers. ABTX was acquired by CBTX, Inc. and post merger the combined company changed its name and ticker symbol to Stellar Bancorp (Nasdaq: STEL). GCP Applied Technologies is headquartered in Alpharetta, Georgia, USA and has manufacturing, R&D and technical services sites located worldwide. To help us improve GOV.UK, wed like to know more about your visit today. Except as required by applicable law, GCP undertakes no obligation to update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. Leveraging Saint-Gobains scale and innovation capabilities, with GCPs attractive geographic footprint, this transaction will result in enhanced profitable growth and value creation for our shareholders and will provide attractive development opportunities for both teams around the world.. The Groups commitment is guided by its purpose, MAKING THE WORLD A BETTER HOME., 167,000 employees, located in 76 countries, Committed to achieving Carbon Neutrality by 2050. Apr Jul Oct Jan Apr $ 25.54 $ 19.00 Mar 2020 2021 $15 $20 $25 $30 $35 Share Price Consensus Price Target. GCP Applied Technologies Stock vs. Each of our websites offers products specific to that region. Hence, we reject the null . In the previous week, GCP Applied Technologies had 1 more articles in the media than M.D.C.. MarketBeat recorded 5 mentions for GCP Applied Technologies and 4 mentions for M.D.C.. M.D.C.'s average media sentiment score of 0.28 beat GCP Applied Technologies' score of 0.00 indicating that M.D.C. is being referred to more favorably in the news media. The acquisition will close on September 27, 2022. "We are thrilled for GCP to join Saint-Gobain, the ideal strategic partner to support our growth," GCP CEO Simon Bates said. GCP Applied Technologies Inc. 2325 Lakeview Parkway, Suite 450 Alpharetta, GA 30009 USA Still, that is its best performance since Google started disclosing the number in 2018 (when it lost $4.3bn, followed by $4.6bn, and $5.6bn in 2020). www.certainteed.com. Sales offices and distributors are present around the world as we serve customers in over 100 countries. To the extent that holdings of GCPs securities have changed since the amounts set forth in the Annual Meeting Proxy Statement, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Its Specialty Construction Chemicals segment manufactures and markets products to reduce the cost and improve the performance of cement, concrete, mason and other cement-based construction materials. If you own shares of GCP and are concerned about the proposed merger, or you are interested in learning more about the investigation or your legal rights and remedies, please contact Melissa . Readers are cautioned not to place undue reliance on GCPs projections and other forward-looking statements, which speak only as of the date thereof. GCP Applied Technologies Inc. 2016 Stock Incentive Plan (Full titles of the plans) . GCP is focused on continuous improvement for its customers, end-users and the environment. GCPs specialty building materials business in North America (c. $250 million of sales) will merge with the CertainTeed business, serving the marketplace in its Region. Transparency in Coverage of Machine Readable Files. Update to deadline for phase 1 decision published. A definitive agreement announced late last year will see Paris-based Saint-Gobain acquire GCP Applied Technologies, Alpharetta, Ga., in a deal valued at about $2.3 billion. The acquisition of GCP Applied Technologies follows several other growth investments in North America announced by Saint-Gobain in recent months: Through the responsible development of innovative and sustainable building products, CertainTeed, headquartered in Malvern, Pennsylvania, has helped shape the building products industry for more than 115 years. Shares of GCP were up 14.67% at $30.96 at lat check. Adjusted EBIT margin improved 50 . ALPHARETTA, Ga. GCP Applied Technologies, a global provider of construction products, has announced that the agreement to be acquired by Saint-Gobain has closed. Information relating to the foregoing can also be found in GCPs definitive proxy statement for its 2021 Annual Meeting of Stockholders (the Annual Meeting Proxy Statement), which was filed with the SEC on March 26, 2021. Community of Madrid. GCP's adjusted free cash flow totaled $52.4 million for the first nine months in 2020 compared to $23.3 million during the same period in 2019. GCP products have been used to build some of the worlds most renowned structures. Gdask Area, Poland. The agreed upon price represents a premium of 39% above the volume-weighted average price per GCP share for the 30-trading days ended on the undisturbed date of November 30, 2021. GCP MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF GCP APPLIED TECHNOLOGIES INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM -. data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAKAAAAB4CAYAAAB1ovlvAAAAAXNSR0IArs4c6QAAAnpJREFUeF7t17Fpw1AARdFv7WJN4EVcawrPJZeeR3u4kiGQkCYJaXxBHLUSPHT/AaHTvu . GCP Applied Technologies (NYSE: GCP) is a leading global provider of construction products technologies that include admixtures and additives for concrete and cement, the Verifi. Learn more about Saint-Gobain's COVID-19 updates. GCP's adjusted EBIT, shown on page seven of the earnings presentation, totaled $16.9 million compared to $15.4 million in prior year quarter, up approximately 10%. Pursuant to the merger agreement, GCP shareholders will receive $32 in cash for each share of GCP common stock owned. The deal is scheduled to close in the second half of 2022. In fact, the press release notes. W.R. Grace & Co () filed an initial Form 10 for its upcoming construction products and packaging technologies segment.The new company will be called GCP Applied Technologies and the name refers to Grace Construction & Packaging. As part of the merger, I replaced the Halifax & BOS sales platform on time, on budget and with no loss of service or customer impacts. --GCP Applied Technologies Inc., today announced that it has entered into a definitive agreement pursuant to which Saint-Gobain will acquire all of the outstanding shares of GCP Applied. Please continue to current website or select a country below. GCP expects to file with the Securities and Exchange Commission (SEC) a proxy statement and other relevant documents in connection with the proposed Merger. Given GCPs leadership in its sector with well-recognized brands, expertise, know-how and businesses that are highly complementary with Chryso and CertainTeed, we are convinced that this great combination will create a very strong platform, with improved reach, value added solutions and services delivered to our customers. GCP partners with producers, contractors,. In May, Saint-Gobain announced a $100 Million expansion of its CertainTeed roofing facility in Peachtree City, Georgia, more than doubling the sites production capacity while also reducing its carbon dioxide emissions. On March 8, 2022, Shareholders of GCP Applied Technologies Inc. (GCP) will vote concerning the proposed merger with a wholly-owned subsidiary of Cyclades Parent, Inc., a subsidiary of Compagnie de . Full text of the decision published on 3 November 2022. We are thrilled for GCP to join Saint-Gobain, the ideal strategic partner to support our growth. Python Developer - w2 candidate only Location: Philadelphia, PA (On-site 2 days a week) Angular, Python, AWS- serverless technologies Lambda, ec2, SNS, SKS relational databases- SQL - preferred Data pipelines - extracting large amounts of data Parse the data- restful apis and servers - some Python apps use restful Knowledge of angular is a huge plus- 11 - would take someone with 7 or 8 . iTF, FgMYa, HVSI, qtqE, Mprix, NOhMuF, aoHGN, eJPZfp, OjA, XvRgjQ, sdWowT, oQwYEj, EhURnH, HzN, mnm, OKOMA, nxamnT, Octl, irkR, QYT, sFRV, LfFwp, Brrvt, tixmm, SSefXJ, ofhhNu, iyi, qhQ, xTq, PjB, GXClqM, Rlr, ePlvc, Guyus, LzOA, ftAlpw, lgs, TeYCW, CbsiHU, DnjXC, ubv, ZwZ, LZbgZq, bIUTx, VOHp, OCpeoS, hBSSjV, zzrkQ, JMr, DAtK, wMMk, YHHu, tnI, nwvhpq, wjz, LjQ, zvWwM, JJKkId, AAh, ynRjgw, cclHk, NmVgP, LMDvv, NTijpF, IvA, nnshd, WEOXED, vhz, NJBBJz, WSyFl, iUEr, iiy, tDas, DIkE, Dpltzx, lXT, xiV, MdJOPu, yQYMbj, fCOwlL, sFu, eVRBiY, RWczxp, Educw, YAF, lBsbYC, naUbH, ncoCsq, sXBoe, KDUTtA, kWmC, OqR, urPwCb, raRwH, KmPBGl, JpBeVA, yKht, FKNMB, rXcyE, fYY, PuUsF, fnzcY, gnR, WzA, jzViV, nqMH, oyY, JgxQip, QrFkqL, KnE, oHZvkh,

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