Sherwin-Williams Deal For Comex Must Change

摘要

Blocked in its initial attempt to acquire Mexico's leading paint producer Comex for $2.3 billion, Sherwin-Williams is "aggressively" pursuing alternative routes to the purchase, CEO Christopher M. Connor has vowed. The Mexican anti-monopoly agency, Comision Federal de Competencia (CFC), finally ruled on July 18 in a three-to-two vote split against the acquisition announced November 12. Meanwhile, the CFC is headed into vacations and possible membership restructuring.