David Paule
Well Known Member
Sherwin-Williams is buying Valspar Corp. for $9 billion, without much drama unless you're involved.
PPG is trying to talk Azko Nobel into letting PPG buy them. Azko Nobel, so far, is uninterested. There's a bit of corporate drama with this one, as PPG has been turned down, publicly, three times, and is still trying. The latest offer is $27 billion, roughly the same as PPG's own value.
I suspect that if PPG does buy Azko Nobel, that some of the current lines of paints might be renamed or even discontinued. Prices could easily go higher. On the other hand, there could be some happy benefits, as the two companies learn from the other.
This might be potentially good news for investors. But I wonder about us consumers.
Dave
PPG is trying to talk Azko Nobel into letting PPG buy them. Azko Nobel, so far, is uninterested. There's a bit of corporate drama with this one, as PPG has been turned down, publicly, three times, and is still trying. The latest offer is $27 billion, roughly the same as PPG's own value.
I suspect that if PPG does buy Azko Nobel, that some of the current lines of paints might be renamed or even discontinued. Prices could easily go higher. On the other hand, there could be some happy benefits, as the two companies learn from the other.
This might be potentially good news for investors. But I wonder about us consumers.
Dave