Gibraltar Agrees to Sell D.S. Brown Business for $208 Million
Gibraltar Industries agreed to sell its D.S. Brown infrastructure business to Saint-Gobain for $208 million in cash. The transaction is subject to customary conditions.
What Happened? Shares of renewable energy and infrastructure solutions provider Gibraltar Industries NASDAQ:ROCKjumped 5.5% in the afternoon session after the company agreed to sell its D.S. Brown infrastructure business to Saint-Gobain for $208 million in cash. The transaction is subject to custom…