Tag Archives: Grandland

U.S. Blocks Permasteelisa Sale

The U.S. has blocked the sale of Japanese company Lixil Group Corp.’s shares of Permasteelisa to Grandland Holding Group Limited, a Chinese company. Lixil announced in August 2017 that it planned to sell 100 percent of its shares to Grandland, … Continue reading

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Permasteelisa to be Sold to Chinese Company

Japanese corporation LIXIL Group will sell all of its shares of global glazing contractor Permasteelisa to China-based Grandland Holdings Group Limited, the companies announced Monday. The transaction is valued at approximately $550.2 million. In a letter to shareholders Monday, LIXIL … Continue reading

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