French SAINT-GOBAIN (turnover EUR 30.4 billion in 2001) has submitted a simplified takeover bid on the share capital of its subsidiary, LAPEYRE (woodwork and timber) that it does not yet own, i.e. 25.3%. SAINT-GOBAIN offers minority shareholders 62 euros per share, corresponding to a maximum total investment of EUR 345 million. Furthermore, its subsidiary, SAINT-GOBAIN CERAMIQUES, specialised in the manufacture of ceramics for the tap and textile industry, is on the point of selling the...