OC
XNYSOWENS CORNING
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0.30neutral
1 news · 90d
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News · 1
How did the price react? →- May 01 11:15→ 0.30BusinessWirerel 100%Owens Corning Completes Sale of Glass Reinforcements Business to Praana Group
Owens Corning has completed the sale of its glass reinforcements business to Praana Group for an enterprise value of $645 million, consistent with terms announced on April 15, 2026. The deal includes increased upfront cash proceeds and is intended to sharpen Owens Corning's focus on building products in North America and Europe. The transaction is now closed, removing prior deal-completion uncertainty.