The sale, expected to close in late 2024 or early 2025, is valued at $550 million.And in August, PPG agreed to sell its silicas products business to Poland-based QEMETICA S.A. for about $310 million.

The sale makes sense as the business represents only 10% of PPG's consolidated revenue and has lagged most other end-markets in recent years, Morningstar analyst Spencer Liberman said. He expects ...

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order ...

The sale is the result of PPG’s evaluation of strategic alternatives for the business, which was first announced on Feb. 26, 2024. “We are pleased to reach an agreement with American ...

The sale, expected to close in late 2024 or early 2025, is valued at $550 million. And in August, PPG agreed to sell its silicas products business to Poland-based QEMETICA S.A. for about $310 million.

Glidden and Olympic and made up $2 billion in net sales for PPG last year — to private equity firm American Industrial Partners. The sale, expected to close in late 2024 or early 2025, is valued at ...

The expected completion of the sale is set for late 2024 or early 2025, pending customary closing conditions. The decision to sell comes after PPG's strategic review of its business, first ...

The sale is anticipated to be completed in late 2024 or early 2025. Credit: BalkansCat via Shutterstock. PPG, a global supplier of paints, coatings, and speciality materials, has agreed to divest its ...

Shares of PPG (PPG) rose 1.3% in premarket trading Thursday. The maker of paints and coatings said the sale of the businesses is likely to close in late 2024 or early 2025 amid its efforts to ...

Silvey noted the Springdale operation is not part of the architectural coatings business and is not included in that sale. In August, PPG agreed to sell its silicas products business to Poland ...