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PPG Industries to sell controlling interest in auto glass business

Post Time:Nov 12,2013Classify:Industry NewsView:60

PPG Industries Inc. said it has agreed to sell its automotive glass and services business to a new company formed by Kohlberg & Co. LLC for $330 million in cash proceeds plus a minority ownership interest of about 40 percent in the new company, according to a July 8 report from TradingMarkets.com.

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Source: http://www.glassmagazine.com/news-item/auto/ppg-industries-sell-controlling-interest-auto-glass-businessAuthor:

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