Who is buying PPG?

AIP revealed that its Capital Fund VIII has successfully entered into a definitive agreement. The agreement pertains to the acquisition of a specific business segment of PPG, a global leader in various industrial fields.

On October 17, 2024, in New York, NY, American Industrial Partners (AIP), a renowned industrials investor, made a significant announcement.

The acquired business segment includes the U.S. and Canadian architectural coatings business of PPG. This arm of PPG is known for its high-quality products and strong market presence.

PPG, listed on the New York Stock Exchange with the ticker symbol PPG, is a multinational corporation with a diverse portfolio. The acquisition by AIP is expected to bring new opportunities and growth prospects for the architectural coatings business.

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