France's Saint-Gobain sells Korea business to Glenwood Private Equity

France's Saint-Gobain sells Korea business to Glenwood Private Equity

A low-angle shot of the sharp edges of a glass skyscraper shrouded in fog. Photo: Patrick Tomasso on Unsplash

France-based Saint-Gobain has announced it has entered into an agreement to sell its construction glass business in South Korea to investment management company Glenwood Private Equity at an enterprise value of 240 million euros ($263 million).

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