Nucor Corp.

NYSE:NUE   3:59:58 PM EDT
93.02
-2.23 (-2.34%)
5:07:02 PM EDT: $93.00 -0.02 (-0.02%)
Debt Financing / Related, Divestitures / Spin-offs, Other Pre-Announcement

Cornerstone Building Brands Announces Divestiture Of Its Insulated Metal Panels Business For $1 Billion, Accelerates Long-Term Value Creation

Published: 06/07/2021 13:14 GMT
Nucor Corp. (NUE) - Cornerstone Building Brands Announces Divestiture of Its Insulated Metal Panels Business for $1 Billion, Accelerates Long-term Value Creation.
Cornerstone Building Brands Inc - Transaction Includes Products Sold Under Metl-span and Centria Brands.
Cornerstone Building Brands - Expects Post-tax Deal Proceeds of About $750 Million to Be Used to Pay Down a Portion of Its Secured Credit Facilities.