Previous close | 5.50 |
Open | 5.50 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 5.50 - 5.50 |
52-week range | 3.35 - 5.50 |
Volume | |
Avg. volume | 160 |
Market cap | 2.753B |
Beta (5Y monthly) | 0.81 |
PE ratio (TTM) | 12.79 |
EPS (TTM) | 0.43 |
Earnings date | N/A |
Forward dividend & yield | 0.23 (4.21%) |
Ex-dividend date | 07 Nov 2023 |
1y target est | N/A |
Key Insights The projected fair value for CSR is AU$9.10 based on 2 Stage Free Cash Flow to Equity CSR's AU$8.83 share...
(Reuters) -Australia's CSR Ltd shares rose a further 5% on Thursday as the building products maker came into play following a A$4.30 billion ($2.81 billion) non-binding takeover proposal from France's Saint-Gobain . The Sydney-based firm said it had received a A$9.0 per share offer from the French group, which represented a premium of 13.2% to CSR's last close. CSR is one of Australia's oldest companies, having been established in 1855, initially as a sugar refining business, before its diversification into building products.
French construction materials group Saint-Gobain is in initial talks to acquire Australian building materials firm CSR Ltd, Bloomberg News reported on Wednesday. The companies are working with advisers to narrow down on a deal, the report said, citing people familiar with the matter, with one of them adding that St. Gobain has lined up financing for a potential transaction. CSR and Saint Gobain did not immediately respond to Reuters' request for comment.