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sharpei

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sharpei

Re: None

Friday, 04/21/2017 9:26:08 PM

Friday, April 21, 2017 9:26:08 PM

Post# of 83957
PPG Issues Statement on AkzoNobel
04.20.17

PPG has issued the following statement in connection with its proposal to AkzoNobel to form a combined company:

"PPG has listened carefully to AkzoNobel's new strategic plan, and we continue to believe in the merits of combining the two companies. PPG believes that AkzoNobel’s new strategic plan will be more risky and create more uncertainty for AkzoNobel stakeholders including employees and pensioners, as Akzo's revised strategy would create two smaller, unproven companies and result in additional restructuring.

No deal yet, but PPG isn't going to stop hammering til they get 'em.

http://www.coatingsworld.com/contents/view_breaking-news/2017-04-20/ppg-issues-statement-on-akzonobel/
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