(Reuters) - "This acquisition would give us a more balanced coatings business in Europe, approximately doubling our European sales," PPG Chief Executive Charles Bunch said in a statement.
Bain had put the company up for auction, and sources familiar with the matter earlier this week tipped PPG as a bidder along with Sherwin-Williams Co. and four private equity firms. Sherwin-Williams also confirmed on Thursday it took part in the auction.
Read more at Reuters.com Market News
Bain had put the company up for auction, and sources familiar with the matter earlier this week tipped PPG as a bidder along with Sherwin-Williams Co. and four private equity firms. Sherwin-Williams also confirmed on Thursday it took part in the auction.
Read more at Reuters.com Market News
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