Construction-products supplier Carlisle made unsolicited offers for Owens Corning (OC), in what would be a well-over USD 10bln deal, WSJ reports, citing sources

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Construction-products supplier Carlisle made unsolicited offers for Owens Corning (OC), in what would be a well-over USD 10bln deal, WSJ reports, citing sources

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  • Owens Corning so far hasn't engaged substantially with Carlisle, which made the offers in recent months, they said. Carlisle is now contemplating its next move, the people added.
  • Carlisle proposed using a mix of cash and stock to acquire Owens Corning at a significant premium to where its shares have been trading this year, the people said.

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