St. Gobain Is Said to Weigh €2.5 Billion Sale of Auto Glass Unit

Nov. 13, 2024, 2:20 PM UTC

Cie. de Saint-Gobain is exploring a potential sale of its auto glass unit that could fetch as much as €2.5 billion ($2.7 billion), people with knowledge of the matter said.

The French building materials producer is working with advisers as it studies a possible divestment, the people said. It has reached out to potential suitors to gauge their interest in the business, according to the people, who asked not to be identified because the information is private.

The unit could attract interest from private equity firms, particularly those that have previously done deals in the auto glass industry, the people ...

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