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Sherwin-Williams Co Enters Into Definitive Stock Purchase Agreement With Consorcio Comex, S.A. de C.V. And Conaxe, S. A. de C. V-Form 8-K


Thursday, 27 Jun 2013 09:03am EDT 

Sherwin-Williams Co reported in its Form 8-K that the Company and Sherwin-Williams (Caribbean) N.V., a wholly owned subsidiary of the Company (collectively, Sherwin-Williams), entered into a definitive Stock Purchase Agreement on November 9, 2012, to purchase all of the issued and outstanding shares of Consorcio Comex, S.A. de C.V. and Conaxe, S. A. de C. V. from affiliates of the Achar family (the Sellers). Under the terms of the Purchase Agreement, the Purchase Agreement could be terminated by either Sherwin-Williams or the Sellers if the closing of the sale had not occurred by June 30, 2013. On June 24, 2013, Sherwin-Williams and the Sellers amended the Purchase Agreement to extend the End Date to August 31, 2013.