PPG Industries (PPG) Comments on Trian Partners' Statement

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Go back to PPG Industries (PPG) Comments on Trian Partners' Statement

PPG Comments on Trian Partners’ Statement

October 25, 2018 8:56 AM EDT

PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE: PPG) today issued the following statement:

Shortly after Trian Partners disclosed its investment in PPG, two of PPGs independent directors traveled to meet with Trian to listen to their perspectives on PPG. During the meeting, PPG established a framework for a constructive and private dialogue, with which Trian agreed, and that framework was discussed in detail with the PPG Board of Directors. We have a long history of listening to our shareholders and we hope that Trian is willing to accept our offer for a continuing, constructive private... More