Tuesday Ticker: AkzoNobel Chairman resists attempted ouster by shareholder
By Jeff Sanford Toronto, Ontario — May 1, 2017 — In this week’s Tuesday Ticker, we look at the latest in the ongoing attempted acquisition of AkzoNobel by PPG, earnings reports from Axalta, Sherwin-Williams, LKQ and much, much more! – The attempted takeover of AkzoNobel by PPG continued to play out last week. AkzoNobel responded to […]
Tuesday Ticker: PPG makes third bid for AkzoNobel
By Jeff Sanford Toronto, Ontario — April 24, 2017 — This week’s Tuesday Ticker looks at PPG’s third bid to buy AkzoNobel, earnings reports from Sherwin-Williams and PPG, why AutoCanada may soon be rated a “buy” again and much, much more! – AkzoNobel has received a third unsolicited proposal from PPG for all outstanding share […]
Tuesday Ticker: AkzoNobel shareholder calls for Chairman’s ouster over PPG deal
By Jeff Sanford Toronto, Ontario — April 17, 2017 — Leading off this week’s Tuesday Ticker is an update on the continuing drama spinning out of PPG’s attempted acquisition of AkzoNobel. Plus we look into Axalta’s purchase of part of Valspar, BASF’s deal with a “nanopigment” company and much, much more! – The […]
Tuesday Ticker: PPG still wants AkzoNobel and Fenix may turn the corner
By Jeff Sanford Toronto, Ontario — April 3, 2017 — This week’s Tuesday Ticker brings you the latest updates on PPG’s attempted takeover of AkzoNobel, how AutoCanada’s stock took a tumble recently, why Tesla became more highly valued than Ford, and much, much more! – The attempt by PPG to take over Dutch paint maker […]
AkzoNobel spurns second offer from PPG
Amsterdam, Netherlands — March 22, 2017 — AkzoNobel has rejected a second bid from PPG. This offer was significantly higher than the previous offer, about $24.19 billion USD as opposed to $22 billion. An official statement from AkzoNobel says the new proposal does not address the concerns expressed by AkzoNobel’s Boards in rejecting the initial […]
PPG launches TouchMix XI touchscreen computer
Strongsville, Ohio — March 21, 2017 — PPG has launched the new TouchMix XI computer, the first of three tools that will make up PPG’s new branded Color Solutions product line known as XI. A PPG exclusive, the computer runs on Windows and is designed to provide easy navigation of the PaintManager software program by […]
AkzoNobel rejects PPG takeover bid
Amsterdam, Netherlands — March 9, 2017 — AkzoNobel has recently rejected an unsolicited takeover bid submitted by PPG. The bid valued the company at $22 billion USD. According to an official statement from AkzoNobel, the bid “… substantially undervalues AkzoNobel and is not in the interest of its stakeholders, including its shareholders, customers and employees.” […]
PPG announces launch of XI colour matching line
Mississauga, Ontario — February 8, 2017 — PPG has announced the development of several advances in its array of software and hardware colour tools. Specifics are still under wraps, but Denise Lu, PPG’s Global Marketing Director, has dropped some hints. “We have been working on critical initiatives that will elevate our colour tools to a […]
Tuesday Ticker: Stock markets at near record highs and Boyd’s expected earnings in 2017
By Jeff Sanford Toronto, Ontario — February 6, 2017 — Tuesday Ticker keeps you updated on all the news from players large and small in the collision repair industry and the larger auto claims economy. Make sure to check back every Tuesday for the latest news. This week we look into near-record highs on the […]
Tuesday Ticker: PPG exceeds expectations, Uni-Select racks up more acquisitions and Trump tweets drive down stock prices
By Jeff Sanford Toronto, Ontario — January 23, 2017 — Tuesday Ticker keeps you updated on all the news from players large and small in the collision repair industry and the larger auto claims economy. Make sure to check back every Tuesday for the latest news. This week we look into Axalta’s potential as a […]
