Wienerberger unit Jet Stream agrees to settle US antitrust class actions for USD 52.4 million

Reuters2026/07/31 06:10

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Pipelife Jet Stream, a US unit of Wienerberger, agreed to settle three antitrust class actions over PVC pricing.
Jet Stream will pay USD 52.4 million in 2026, subject to final court approval.
The charge will be booked as a one-off hit to reported EBITDA, with no impact on operating EBITDA.
The deal removes joint-and-several liability risk tied to remaining defendants in the Illinois litigation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wienerberger AG published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Wienerberger unit Jet Stream agrees to settle US antitrust class actions for USD 52.4 million

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