Approval granted to Sherwin-Williams for acquisition of Valspar Corporation.
International Resource News-May 29, 2017--Approval granted to Sherwin-Williams for acquisition of Valspar Corporation
(C)1994-2017 ENPublishing - http://www.enpublishing.co.uk
International Resource News - 29 May 2017
The United States Federal Trade Commission and the Canadian Competition Bureau has granted regulatory approval to The Sherwin-Williams Company (NYSE: SHW), a company focused on the manufacture, development, distribution, and sale of coatings and related products to professional, industrial, commercial, and retail customers, to complete its acquisition of The Valspar Corporation (NYSE: VAL), a global leader in the coatings industry.
The United States Federal Trade Commission and the Canadian Competition Bureau were the only remaining regulatory approvals needed to complete the acquisition.
Sherwin-Williams is likely to complete the transaction on June 1, 2017, subject to customary closing conditions.
[Editorial queries for this story should be sent to [email protected]]
((Distributed via M2 Communications - http://www.m2.com))
 Printer friendly
 Cite/link
 Email
 Feedback
| |
| Publication: | International Resource News (IRN) |
|---|---|
| Date: | May 29, 2017 |
| Words: | 146 |
| Previous Article: | Interface Performance Materials signs contract to acquire materials manufacturing facility in North India. |
| Next Article: | Innovative Solar Systems selling majority of power directly to companies. |
| Topics: | |