PPG completes divestment of minority interest in automotive glass business with completed sale of Pittsburgh Glass Works

Date: 22 April 2016
Source: www.ppg.com
PPG (NYSE:PPG) announced today, in connection with LKQ Corporation’s completed purchase of Pittsburgh Glass Works (PGW), that it has divested its approximately 40 percent minority ownership interest in PGW.

LKQ announced the completed transaction today.  

PPG has held a minority interest in PGW since 2008, when it completed the sale of its automotive glass and services business to PGW, which was controlled by Mount Kisco, N.Y.-based Kohlberg & Company, LLC.

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