PPG - Conference and earnings call announcements

PPG (NYSE:PPG) today announced that employees Rachel Harris and Kristin Nuzzio received 2021 STEP Ahead Awards from the Manufacturing Institute for their exemplary leadership and industry achievements. "PPG is incredibly proud of the contributions that Rachel and Kristin have made to PPG and the larger manufacturing industry," said David Bem, PPG chief technology officer and vice president, science and technology (S&T). "Rachel has made significant and notable impacts at PPG, and we are proud that she is part of our global team. She is a respected colleague across all businesses and regions and an example of a true leader and collaborator. Her commitment to excellence also extends to her i

PPG (NYSE:PPG) today held its annual meeting of shareholders virtually where Michael H. McGarry, PPG chairman and chief executive officer, reviewed the company's continued strategic progress, highlighted its resilient performance in 2020, and discussed how employees responded to the unprecedented challenges from the global COVID-19 pandemic. During the meeting, McGarry first highlighted the company's 2020 achievements. "Thanks to the dedication of our employees and partnership of our customers, PPG delivered solid performance in 2020 and continued to strengthen our position as a global leader in paint, coatings and specialty materials, despite the many challenges from the pandemic and its

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has entered into a definitive agreement to acquire Tikkurila (NASDAQ OMX: TIK1V) in an all-cash transaction. Under the terms of the agreement, PPG will commence a tender offer to acquire all of the issued and outstanding stock of Tikkurila. Pursuant to the offer, Tikkurila shareholders will receive €25.00 in cash for each share of Tikkurila stock they own, for a total transaction value of approximately €1.1 billion, including the assumption of debt and cash. The transaction is expected to close in the second quarter of 2021, subject to customary closing conditions. “The combination of PPG and Tikkurila is extreme