Ppg Sells European Flat Glass Business

PPG Industries has completed the sale of its European flat and automotive glass business to Belgum's Glaverbel. Terms have not been disclosed but it is reported that the sale may produce a pre-tax gain in excess of US$90m. The divestment should strengthen PPG's portfolio as it will focus its glass business resources on its profitable operations in North America.

Author
Un-named
Origin
Unknown
Journal Title
Glass International November 1998 6
Sector
News Items
Class
N 480

Request article (free for British Glass members)

Ppg Sells European Flat Glass Business
Glass International November 1998 6
N 480
Are you a member?
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
4 + 5 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.