PPG will acquire PRC-DeSoto International
PPG INDUSTRIES, Pittsburgh, will acquire PRC-DeSoto International Inc., a coatings and sealants maker based in Glendale, Calif., for $512.5 million. The deal should be completed by the end of July. PRC-DeSoto, formerly Courtaulds Aerospace, is owned by Akzo Nobel N.V., and has manufacturing...
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