Apollo joins forces with Dutch fund PGGM in bid for Akzo chemicals - FT [Reuters]
PPG Industries, Inc. (PPG)
Last ppg industries, inc. earnings: 4/27 04:20 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.ppg.com
Company Research
Source: Reuters
Apollo joins forces with Dutch fund PGGM in bid for Akzo chemicals: FT | Reuters Reuters Staff 2 Min Read AMSTERDAM (Reuters) - A consortium led by U.S. private equity firm Apollo that is seeking to buy the chemicals division of Dulux paintmaker Akzo Nobel ( AKZO.AS ) has added a Dutch pension firm to its team, the Financial Times reported on Monday. According to the FT report, PGGM, which oversees 200 billion euros ($245 billion) on behalf of workers in the Dutch healthcare sector, has joined with Apollo and chemicals company Lanxess ( LXSG.DE ). Akzo has set an April deadline to sell or spin off the chemicals operations, which account for a third of company sales and earnings and is valued at roughly 9 billion euros. PGGM could not immediately be reached to comment on the FT report. Adding a Dutch player to the Apollo bidding team could be a smart strategic move. Akzo’s decision to sell the unit was made as part of its strategy to reject a 26 billion euro takeover bid from U.S.
Show less
Read more
Impact Snapshot
Event Time:
PPG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PPG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PPG alerts
High impacting PPG Industries, Inc. news events
Weekly update
A roundup of the hottest topics
PPG
News
- PPG Industries (PPG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- PPG Industries' (PPG) Q1 Earnings In Line, Sales Lag Estimates [Yahoo! Finance]Yahoo! Finance
- PPG Industries, Inc. (NYSE: PPG) had its price target lowered by analysts at UBS Group AG from $156.00 to $150.00. They now have a "neutral" rating on the stock.MarketBeat
- PPG Industries (PPG) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- PPG Board of Directors authorizes $2.5 billion share repurchase program [Yahoo! Finance]Yahoo! Finance
PPG
Earnings
- 4/18/24 - In-Line
PPG
Sec Filings
- 4/19/24 - Form 10-Q
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- PPG's page on the SEC website