M&A
confidence high
sentiment neutral
materiality 0.75
Owens Corning closes sale of glass reinforcements business for adjusted enterprise value of $645M
Owens Corning
- Enterprise value reduced from $755M to $645M in amended agreement.
- Expected net after-tax cash proceeds of approximately $280 million.
- Transaction closed on April 30, 2026.
- Proceeds to fund organic growth initiatives and shareholder returns.