PPG wins bidding war for Finnish paintmaker
Published: Friday, 05 February 2021
US paintmaker PPG will purchase Finnish company Tikkurila after winning a bidding war with rival AkzoNobel.
The deal values Tikkurila at $1.52 billion, beating
AkzoNobel’s offer of $1.4 billion. This is the
second time PPG has had to raise its bid in response to