PPG to Acquire Tikkurila, a Leading Nordic Paint and Coatings Company Published : Thursday, December 17, 2020, 11:30 pm ACROFAN=Businesswire | webmaster@businesswire.com | SNS
PITTSBURGH (BUSINESS WIRE) PPG (NYSE:PPG) today announced that it has entered into a definitive agreement to acquire Tikkurila (NASDAQ OMX: TIK1V) in an all-cash transaction. Under the terms of the agreement, PPG will commence a tender offer to acquire all of the issued and outstanding stock of Tikkurila. Pursuant to the offer, Tikkurila shareholders will receive €25.00 in cash for each share of Tikkurila stock they own, for a total transaction value of approximately €1.1 billion, including the assumption of debt and cash. The transaction is expected to close in the second quarter of 2021, subject to customary closing conditions.
PPG to Acquire Tikkurila, a Leading Nordic Paint and Coatings Company – IT Business Net
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PPG : to Acquire Tikkurila, a Leading Nordic Paint and Coatings Company
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Taaleri Oyj: Taaleri s SolarWind II fund announces its third close at EUR 320 million
Taaleri s SolarWind II fund announces its third close at EUR 320 million
The Taaleri SolarWind II fund has held a third closing with approximately EUR 320 million in total commitments. The third-close investors include Obligo Global Infrastuktur II Fund, YLE Pension Fund, the Nordic Environment Finance Corporation (NEFCO), institutional and high net worth investors and the Taaleri Group. Additionally, the Finnish Church Pension Fund joined the fund in June 2020.
NEFCO will join EBRD in the Taaleri SolarWind II CEE fund. This parallel fund invests alongside the main fund in investments in the Baltics, Poland and Southeast Europe.