Cornerstone building brands announces divestiture of its coil coatings business for $500 million, leverages long-term supply agreements for growth

Cary, n.c.--(business wire)--cornerstone building brands, inc. (nyse: cnr) (“cornerstone building brands” or the “company”), the largest manufacturer of exterior building products in north america, announced today that it has entered into a definitive agreement to sell its coil coatings business to bluescope steel limited (“bluescope”) in an all-cash transaction for $500 million, subject to customary adjustments. the transaction includes products sold under the metal coaters and metal prep bran
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