Paint and coatings company Valspar said on Sunday it had agreed to acquire Australian paint maker Wattyl Ltd for about A$142 million and also assume its existing debt. The deal will help Valspar build on its presence in the Asia Pacific region and presents new opportunities for growth, Valspar said. It is subject to approval by shareholders and regulatory authorities.
(6/28/2010)
Compelling solutions through strategic partnerships
Ineos CEO Ineos calls on European politicians to save the chemical industry.
Novo Nordisk announced a global workforce reduction of approximately 9,000 positions to streamline operations and reinvest DKK 8 billion (€1 billion) in growth opportunities for diabetes and obesity treatments.
The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.
