US:Foundation Building Materials agrees takeover by American Securities

摘要

Foundation Building Materials,Inc.(FBM),one of the largest specialty building products distributors of wallboard,suspended ceiling systems,metal framing and complementary and other products in North America,has announced that it has entered into a definitive agreement under which an affiliate of American Securities LLC,a leading private equity firm,will acquire all outstanding shares of FBM.The deal is valued at US$19.25/share in an all-cash transaction valued at approximately US$1.37bn,including outstanding debt.