Nucor to acquire insulated metal panels business from cornerstone building brands

Charlotte, n.c., june 7, 2021 /prnewswire/ -- nucor corporation (nyse: nue) announced today that it has signed a definitive purchase agreement to acquire cornerstone building brands' insulated metal panels (imp) business for a cash purchase price of $1 billion, or approximately 10x pre-pandemic ebitda inclusive of expected synergies.
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