Corporate Shake-ups: Saint-Gobain Acquires CSR, CRH Secures Adbri
Corporate Shake-ups: Saint-Gobain Acquires CSR, CRH Secures Adbri
On Monday, CSR formally fell to the French giant Saint-Gobain. On Tuesday, Adbri formally fell to the Ireland-based CRH.
週一，企業社會責任正式落入法國巨頭聖戈班手中。週二，Adbri正式落入總部位於愛爾蘭的CRH手中。
Last week, Seven Group Holdings produced a structured mop-up bid for the approximately 30% of Boral it doesn't own.
上週，Seven Group Holdings對其不擁有的約30％的Boral股份進行了結構化清理出價。
Suddenly, there are few construction and building material companies left on the ASX (Wagner in Queensland, which is family-owned).
突然之間，澳大利亞證券交易所（昆士蘭州的瓦格納是家族企業）上剩下的建築和建築材料公司已經很少了。
The CRH bid for Adbri had already been flagged (as had the Saint-Gobain offer for CSR).
CRH對Adbri的競標已經被宣佈了（聖戈班的企業社會責任報價也是如此）。
On Tuesday, CRH said it has entered into a binding agreement to acquire the remaining 57% of Adbri's ordinary shares not owned by the Barro Group for $3.20 per share in cash.
CRH週二表示，它已達成一項具有約束力的協議，以每股3.20美元現金收購巴羅集團未持有的Adbri剩餘57％的普通股。
(The Saint-Gobain and Seven Group offers are also cash, unlike the other mop-up bid this week - the all-paper offer from Alcoa for the 40% in Alumina it doesn't own).
（聖戈班和Seven集團的報價也是現金，這與本週的另一次清倉競標不同——美鋁對其不擁有的40％的氧化鋁的全報報價）。
Adbri independent directors have recommended its shareholders vote in favor of the transaction. CRH has agreed to partner with Barro, an Australian family-owned business that owns 43% of Adbri, for the transaction under a scheme of arrangement.
Adbri獨立董事建議其股東對該交易投贊成票。CRH已同意根據一項安排計劃與擁有Adbri43％股份的澳大利亞家族企業Barro合作進行交易。
Details of the partnership weren't disclosed. The transaction is expected to occur later this year.
合作的細節尚未披露。該交易預計將於今年晚些時候進行。
Adbri also revealed its 2023 results - no dividend again because of the huge cost overrun on its Kwinana expansion (which becomes CRH's headache) and the high level of debt taken on to finance the overrun.
Adbri還公佈了其2023年的業績——由於其Kwinana擴張造成了巨大的成本超支（這讓CRH頭疼），以及爲超支融資而承擔的高額債務，因此再次沒有派息。
Adbri said annual revenue increased by 13.1% to $1.92 billion, while statutory EBITDA was $297.4 million, up 5.2%, and underlying EBITDA was $311.0 million, up 30.9% from 2022.
Adbri表示，年收入增長了13.1％，達到19.2億美元，而法定息稅折舊攤銷前利潤爲2.974億美元，增長5.2％，基礎息稅折舊攤銷前利潤爲3.11億美元，比2022年增長30.9％。
Statutory net after-tax profit attributable to members of Adbri was $92.9 million, down 9.5% from 2022, while underlying NPAT was $111.7 million, up 43.8% from the previous year.
歸屬於Adbri成員的法定稅後淨利潤爲9,290萬美元，較2022年下降9.5％，而基礎NPAT爲1.117億美元，較上年增長43.8％。
譯文內容由第三人軟體翻譯。