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10 months ago
BRIEF-Ferro Corp signs definitive agreement to acquire 100 pct of stock of Belgium-based Cappelle pigments for EUR 50.5 mln
October 17, 2016 / 1:37 PM / 10 months ago

BRIEF-Ferro Corp signs definitive agreement to acquire 100 pct of stock of Belgium-based Cappelle pigments for EUR 50.5 mln

Oct 17 (Reuters) - Ferro Corp :

* Ferro further expands its colors solutions business: announces acquisition of two businesses

* Ferro Corp - deal for approximately $60 million

* Ferro Corp - signed a definitive agreement to acquire 100% of stock of Belgium-based Cappelle pigments for EUR50.5 million

* Ferro Corp - over next 12 to 24 months, between two businesses, expect to realize commercial and operating synergies of $3 million to $4 million Source text for Eikon: Further company coverage:

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