PPG gets final approval for $1.8 billion deal to buy Finnish paints company

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By Gesard in Business
Updated 3 years ago

PPG has received approval from a Russian regulatory authority to buy Finnish coatings-maker Tikkurila, clearing the way to complete the deal valued at $1.8 billion. PPG expects the transaction to close on or around June 10. Both companies issued statements Friday saying the Federal Antimonopoly Service of Russia had signed...

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