Deal
PPG Industries acquires Taiwan Chlorine Industries (40% interest)
April 2017
Full acquisition
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The deal at a glance
Private-market deal
PPG Industries acquires Taiwan Chlorine Industries (40% interest)
Deal value
$100 million (option price reference)
Sector
Legacy / equity method investment
Date
April 2017
VectorShift
Made on VectorShift
PPG Industries acquired Taiwan Chlorine Industries (40% interest) for $100 million (option price reference), a transaction completed in April 2017.
Taiwan Chlorine Industries (40% interest) operates in Legacy / equity method investment, is based in Taiwan. PPG finalized its purchase of China Petrochemical Development Corporation's (CPDC) 40% ownership interest in Taiwan Chlorine Industries (TCI), a chlorine-based products venture in Taiwan; accounted for as an equity method investment.
Legacy / equity method investment
In April 2017, PPG finalized its purchase of CPDC's 40% ownership interest in TCI.
PPG FY18 10-K, Acquisitions note
Advisors not disclosed
No advisory firms have been disclosed for this transaction.