PPG TO ACQUIRE CALIFORNIA-BASED MANUFACTURER OF AIRCRAFT COATING, SEALANT FIRM
PPG Industries expects to conclude the purchase of PRC-DeSoto International, Inc., a Glendale, Calif.-based manufacturer of sealants and coatings, by the end of July. PPG said it will pay $512.5 million for the Glendale firm, formerly known at Courtaulds Aerospace, Inc., which is owned by Akzo Nobel...
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