Tikkurila board recommends revised bid from PPG

Tikkurila board recommends revised bid from PPG
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15.01.2021

MOSCOW (MRC) -- The board of Tikkurila (Helsinki, Finland) says it "unanimously recommends" that the company's shareholders accept a planned tender offer for the company from PPG Industries, reported Chemweek.PPG's offer will be at EUR27.75/share, valuing Tikkurila at about EUR1.24 billion (USD1.50 billion), after PPG raised its bid price on 5 January in response to a competing offer fro

Full article at mrcplast.com

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