PPG reaches agreement to acquire Barloworld Coatings Australia

摘要

PPG Industries Australia Pty.Ltd.,a subsidiary of PPG Industries,has reached an agreement to acquire Barloworld Coatings Australia,the architectural paint unit of South African-based Barloworld,Ltd.,a multinational industrial brand management company.Completion of the acquisition is subject to customary closing conditions,including receipt of required regulatory approvals.Terms were not disclosed.