Thursday, July 19, 2007

UPDATE 1-PPG offers to buy SigmaKalon for 2.2 bln euros

(Reuters) - SigmaKalon is owned by private equity group Bain Capital,
which said it would respond to the PPG offer after discussions
with appropriate employee representative bodies.




"This acquisition would give us a more balanced coatings
business in Europe, approximately doubling our European sales,"
PPG Chief Executive Charles Bunch said in a statement.


Read more at Reuters.com Bonds News

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