PPG to buy Finnish paint maker Tikkurila in a USD1.35 billion deal

PPG to buy Finnish paint maker Tikkurila in a USD1.35 billion deal
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21.12.2020

MOSCOW (MRC) -- U.S.-based coatings maker PPG Industries has made an offer to buy Finnish paint producer Tikkurila for a total of 1.1 billion euros (USD1.35 billion), said Reuters.Tikkurila said that the offer represented a premium of about 66.2% to the company's closing price on Thursday."The combination of PPG and Tikkurila is extremely complementary, both geographically and from a deco

Full article at mrcplast.com

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