PPG To Sell Architectural Coatings U.S., Canada
PPG to lay off 1,800 employees as paints and coatings maker looks to cut costs
PPG Industries plans to lay off about 1,800 employees amid efforts to cut costs, with the paints and coatings maker also inking a deal to sell a sizeable chunk of its architectural business.
PPG to Sell U.S., Canada Architectural-Coatings Business; Plans Cost Cuts, 1,800 Jobs
PPG agreed to sell its architectural-coatings business in the U.S. and Canada to private-equity firm American Industrial Partners for $550 million, and outlined cost cuts will affect about 1,800 employees.
PPG to sell architectural coatings business in United States, Canada
The architectural coatings business in the U.S. and Canada had about $2 billion in revenue in 2023 and includes Glidden, Pittsburgh Paints & Stains, Dulux, Olympic and others.
American Industrial Partners to acquire PPG’s US, Canada architectural coatings business for $550M
PPG Industries has entered into a definitive agreement to sell its US and Canada architectural coatings business to American Industrial Partners for $550M.
AMERICAN INDUSTRIAL PARTNERS TO ACQUIRE PPG'S ARCHITECTURAL COATINGS BUSINESS IN THE UNITED STATES AND CANADA
American Industrial Partners ("AIP"), an industrials investor, today announced that American Industrial Partners Capital Fund VIII has entered into a definitive agreement to acquire the U.S. and Canadian architectural coatings business (the "Company") of PPG,
PPG To Sell Architectural Coatings U.S., Canada; Cost Reduction To Impact About 1,800 Positions
PPG (PPG) has reached a definitive agreement to sell 100% of its architectural coatings business in the U.S. and Canada at a
PPG agrees to sell architectural coatings U.S. and Canada business, lay off 1,800 positions
PPG announced Thursday it has agreed to sell its architectural coatings business in the Untied States and Canada for $550 million.
PPG is selling architectural coatings business in U.S., Canada; 1,800 job cuts
PPG (PPG) on Thursday said it agreed to sell its architectural-coatings business in the United States and Canada for $550 million to private-equity firm America
PPG Industries Inc. Q3 Profit Increases
PPG to Lay off 1,800 Employees in US, Europe in Cost-Cut Push
(Reuters) - Paints and coatings maker PPG Industries said on Thursday it would lay off 1,800 employees in the United States ...
Major paint company to lay off 1,800 workers, close facilities
PPG is cutting nearly 2,000 jobs in the U.S. and Europe as it undergoes a comprehensive cost reduction program. It's also ...
PPG Industries: Strategic Divestitures and Cost Reduction Drive Buy Rating
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PPG Industries, Inc. (PPG) Q3 2024 Earnings Call Transcript
PPG Industries, Inc. ( NYSE: PPG) Q3 2024 Earnings Conference Call October 17, 2024 8:00 AM ET Alejandro Lopez - Director of Investor Relations Timothy Knavish - Chairman and Chief Executive Officer ...
Pittsburgh-based PPG to lay off 1,800 employees as paints and coatings maker aims to cut costs
PPG Industries plans to lay off about 1,800 employees amid efforts to cut costs, with the paints and coatings maker also inking a deal to sell a sizeable chunk of its architectural business.
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Robert W. Baird analyst Ghansham Panjabi maintained a Buy rating on PPG Industries (PPG – Research Report) yesterday and set a price target of $160.00. Ghansham Panjabi has given his Buy rating ...
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