Nomura Says Comex Deal a Positive Catalyst for Sherwin-Williams (SHW), PT Raised to $170
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CLSA Upgrades Sherwin-Williams (SHW) to Outperform
November 13, 2012 9:44 AM ESTCLSA upgraded Sherwin-Williams (NYSE: SHW) from Underperform to Outperform with a price target of $170.00 (from $145.00) following yesterday's acquisition of Comex.
For an analyst ratings summary and ratings history on Sherwin-Williams click here. For more ratings... More
Sherwin-Williams (SHW) to Acquire Consorcio Comex in $2.34B Deal
November 12, 2012 8:56 AM ESTThe Sherwin-Williams Company (NYSE: SHW) announced it has signed a definitive agreement to acquire Consorcio Comex, S.A. de C.V., a leader in the paint and coatings market in Mexico with headquarters in Mexico City. Sherwin-Williams will pay approximately $2.34 billion, including assumed debt, in an all-cash transaction. Completion of the acquisition is subject to certain conditions and customary regulatory approvals.
Founded in 1952, Comex is a privately held business with operations in Latin America, the U.S. and... More
