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PPG

PPG

$105.57

1.08 (1.03%)

, AKZOY

AkzoNobel

$26.98

-0.27 (-0.99%)

18:31
03/20/17
03/20
18:31
03/20/17
18:31

PPG preparing new Akzo takeover bid, Bloomberg says

PPG Industries (PPG) is readying a renewed acquisition offer for AkzoNobel (AKZOY), Bloomberg reports, citing people familiar with the matter. Exact details of the new offer could not be learned, the report says. Akzo dismissed PPG's unsolicited $22.4B takeover offer on March 9, saying that the offer undervalued the company, the report notes. Reference Link

PPG

PPG

$105.57

1.08 (1.03%)

AKZOY

AkzoNobel

$26.98

-0.27 (-0.99%)

PPG PPG
$105.57

1.08 (1.03%)

03/15/17
ATLE
03/15/17
UPGRADE
Target $125
ATLE
Overweight
PPG upgraded to Overweight from Neutral at Atlantic Equities
Atlantic Equities analyst Colin Isaac upgraded PPG to Overweight and raised his price target for the shares to $125 from $110.
03/10/17
RHCO
03/10/17
NO CHANGE
RHCO
PPG likely to continue pursuit of AkzoNobel, says SunTrust
After AkzoNobel,(AKZOY) rejected a bid by PPG (PPG), SunTrust analyst James Sheehan says he expects PPG to continue pursuing the deal, given what he sees as the "strong strategic rationale" for the transaction. He says that PPG's valuation is attractive and he keeps a Buy rating on the stock.
03/09/17
BARD
03/09/17
NO CHANGE
BARD
PPG negotiations with AkzoNobel likely ongoing, says Baird
Baird said PPG's (PPG) negotiations with AkzoNobel (AKZOY) are likely ongoing despite Akzo's rejection. The firm's analyst believes potential anti-trust issues and fluid negotiation between the companies will likely result in an elongated timeline for any deal to close.
03/09/17
WELS
03/09/17
DOWNGRADE
WELS
Market Perform
PPG downgraded to Market Perform from Outperform at Wells Fargo
AKZOY AkzoNobel
$26.98

-0.27 (-0.99%)

03/14/17
BOFA
03/14/17
UPGRADE
BOFA
Neutral
AkzoNobel upgraded to Neutral from Underperform at BofA/Merrill
03/10/17
SBSH
03/10/17
UPGRADE
SBSH
Buy
AkzoNobel upgraded to Buy from Neutral at Citi
Citi analyst Thomas Wrigglesworth upgraded AkzoNobel to Buy saying the company's review of strategic options for the Special Chemicals business is an unexpected catalyst. The analyst raised his price target for the shares to EUR 90 from EUR 68.

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TPIV

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LOXO

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ADRO

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ELGX

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CPA

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BPMX

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JUNO

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UNH

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IMMY

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