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Mexican regulators take more time with PPG acquisition

2014-10-14 18:19:09| Chemicals - Topix.net

PPG said Monday the Federal Economic Competition Commission will take more time to review its acquisition of Consorcio Comex S.A. de C.V. It's part of PPG's $2.3 billion acquisition of Comex, which was announced in late June. PPG said in a statement it doesn't expect the delay to impact the closing of the entire deal, which is scheduled to occur in the fourth quarter.

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