Ppg completes sale of architectural coatings u.s. and canada business to american industrial partners

Pittsburgh--(business wire)--ppg (nyse: ppg) today announced that it has completed the sale of 100% of its architectural coatings business in the u.s. and canada at a transaction value of $550 million to american industrial partners (aip), an industrials investor. ppg's architectural coatings businesses in other regions around the world remain core businesses within the company's portfolio, including in latin america, europe and asia pacific, where ppg holds strong #1 or #2 positions in a numbe.
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