PPG to sell U.S. and Canada architectural coatings business, announces cost reduction program
PPG, a global provider in paints, coatings, and specialty materials, announced that it has reached a definitive agreement to sell 100% of its architectural coatings business in the U.S. and Canada at a transaction value of USD 550 million to American Industrial Partners (AIP), an industrials investor. The transaction, which is expected to close in