News: Sherwin-Williams Co (SHW.N)
4 Dec 2013
Wed, Oct 30 2013
MEXICO CITY, Oct 30 - Mexico's competition authority said on Wednesday it rejected an appeal by U.S. paint maker Sherwin Williams over its blocked bid to acquire Mexican paint company Consorcio Comex for $2.34 billion.
(The following statement was released by the rating agency) CHICAGO, September 16 (Fitch) The Sherwin-Williams Company (NYSE: SHW) announced today that it has completed the acquisition of the U.S./Canada business of Consorcio Comex, S.A. de C.V. (Comex). SHW will pay $90 million in cash and assume liabilities currently valued in the range of $75 million. In November 2012, SHW announced the proposed acquisition of Comex for $2.34 billion. Comex is a privately held business with operations
MEXICO CITY, July 18 - Mexico's competition watchdog said it had denied U.S. paint maker Sherwin Williams Co's $2.34 billion purchase of Mexican paint company Consorcio Comex due to concerns it could create unfair market conditions.
MEXICO CITY, July 18 - Mexico's Federal Competition Commission (Cofeco) said on Thursday that it had denied paint maker Sherwin Williams Co's planned purchase of local paint company Comex because of market power concerns.
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