Sherwin-Williams paint company to buy Valspar for $9.3 billion. The Valspar Corporation, which owns PlastiKote among other paint brands, has announced a strategic partnership with B&Q which will see the DIY giant supply a full selection of premium Valspar … There are no current stakeholders of Valspar. At that time, Sherwin-Williams will provide its outlook on the combined company for the third quarter and full year 2017, and conduct a conference call to answer questions. Not including Valspar’s debt the deal is worth $11.3 billion and represents a premium of 41% to Valspar’s volume weighted average price for the 30 days prior to last Friday’s close. C. Angus Wurtele, Valspar's former CEO who built the company up over the course of his career, died earlier this month at age 83. In a statement issued earlier today, Sherwin-Williams have agreed to pay $113 a share, a premium of around 41% to Valspar's weighted average price for the 30 days through to Friday 18th March. The company placed $6 billion in bonds with maturities of 3, 5, 7, 10 and 30 years at a blended average interest rate of approximately 3.2 percent. There’s a good chance you’ve seen our work close by, whether it’s the houses down the street or the London Red buses, Valspar has it covered. We had to get Sherwin Williams (who owns Valspar) to stop all the pro-am players from coming to Florida. Not including Valspar’s debt the deal is worth $11.3 billion and represents a premium of 41% to Valspar’s volume weighted average price for the 30 days prior to last Friday’s close. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. 2. Valspar Read 454 Reviews Offers oil-based and water-based exterior and interior paints. Were the two companies combined earlier, they’d … Valspar is a big deal. As a result of the Sherwin Williams and Valspar merger, Sherwin Williams is now the largest paint coating business in the world. Valspar offers an extensive array of interior and exterior paint, stain & sealant products to fit your project needs. PPG drops quest for AkzoNobel; Valspar officially owned by Sherwin-Williams. Paint companies Sherwin-Williams and Valspar have a deal to combine. Track 13F-HR Filings for Hedge Funds and Value Investors, Has changed its name and has a new CUSIP (and/or symbol), Has been delisted and the ticker has changed. Do Not Sell My Personal Information © Valspar Corporation, PlastiKote Valspar Corporation, PlastiKote Sherwin-Williams makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances occurring or existing after the date any forward-looking statement is made. Javascript is disabled or is not supported by your browser. Published: 29 November 2012 The Valspar Corporation, which owns PlastiKote among other paint brands, has announced a strategic partnership with B&Q which will see the DIY giant supply a full selection of premium Valspar paints in every store. Wurtele became known as both an important figure in the paint industry and a philanthropist in the Twin Cities of Minneapolis and … Available in a dead flat matt sheen, perfect for creating a statement with new or upcycled furniture. The Valspar Corporation is one of the largest global coatings manufacturers in the world, providing coatings and coatings intermediates to a wide variety of customers. We have Europe’s biggest range of pre-selected colours. About Sherwin-Williams Founded in 1866, The Sherwin-Williams Company is a global leader in the manufacture, development, distribution, and sale of paints, coatings and related products to professional, industrial, commercial, and retail customers. Raabe. 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