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PPG Industries To Focus More On Core Businesses
By: Investor's Business Daily - Investing RSS
Posted on July 24, 2012 at 17:39 PM EDT
Part of success is playing to strengths. For companies, that can mean selling off units that aren't part of the core business. PPG Industries (PPG), primarily a paints and coatings maker, had been trying to unload its chlorine and caustic soda business for years. Recently, PPG found a buyer. Georgia Gulf (GGC) will acquire the business in a complicated $2.1 billion deal. The commodity chemicals business -- about 11% of PPG's total sales -- will be
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PPG Industries, Inc.
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