Westlake will pay $175 million, or 7.2 times 2012 EBITDA.
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Westlake will pay $175 million, or 7.2 times 2012 EBITDA.
The purchase strengthens Saint-Gobain’s fluid transfer components portfolio.
In response to European slowdown, Saint-Gobain cut 520 million (US$690 million) in costs.
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