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Solteq Plc's Financial Statements Bulletin January 1


Solteq Plc s Financial Statements Bulletin January 1 - December 31, 2020
Company performed very well in a changed market situation
October-December
Comparable revenue totaled EUR 16,408 thousand (15,009) and revenue EUR 16,408 thousand (15,708).
Comparable EBITDA was EUR 3,320 thousand (1,927) and EBITDA EUR 3,080 thousand (4,387).
Comparable operating profit was EUR 2,027 thousand (867) and operating profit EUR 1,787 thousand (3,328).
Earnings per share was EUR 0.03 (0.11).
The comparable revenue was 9.3 percent higher than in the comparison period, while revenue grew by 4.5 percent.
January-December
Comparable revenue totaled EUR 60,452 thousand (55,293) and revenue EUR 60,452 thousand (58,291).
Comparable EBITDA was EUR 10,810 thousand (6,582) and EBITDA EUR 10,380 thousand (9,714).
Comparable operating profit was EUR 5,780 thousand (2,579) and operating profit was EUR 5,350 thousand (5,711).
Earnings per share was EUR 0.10 ....

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PPG and Tikkurila Agree on Improved Recommended Offer


Press release content from Business Wire. The AP news staff was not involved in its creation.
PPG and Tikkurila Agree on Improved Recommended Offer
February 4, 2021 GMT
PITTSBURGH (BUSINESS WIRE) Feb 4, 2021
PPG (NYSE:PPG) and Tikkurila (NASDAQ OMX:TIK1V) today announced the companies have entered into an amendment to the previously announced definitive combination agreement, pursuant to which PPG will improve its recommended offer to acquire all issued and outstanding stock of Tikkurila in an all-cash transaction. Under the improved offer, Tikkurila shareholders would receive €34.00 in cash for each share of Tikkurila stock they own, for a total transaction value of approximately €1.52 billion, including the assumption of debt and cash. ....

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PPG To Buy Nordic Paint And Coatings Company Tikkurila In EUR 1.1 Bln Deal


PPG To Buy Nordic Paint And Coatings Company Tikkurila In EUR 1.1 Bln Deal
WASHINGTON (dpa-AFX) - PPG Industries Inc. (PPG) agreed to buy Nordic paint and coatings company Tikkurila for 25.00 euros per share in cash, valuing the company at about 1.1 billion euros, including the assumption of debt and cash.
The offer price of 25.00 euros represents a premium of about 66.2 percent compared to the closing price of the Shares on Nasdaq Helsinki Ltd on December 17.
As per the terms of the agreement, PPG will commence a tender offer to acquire all of the issued and outstanding stock of Tikkurila.
The offer period under the tender offer is expected to commence on or about January 18, 2021, and to expire on or about March 12, 2021. The Tender Offer is currently expected to be completed during the first half of 2021. ....

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