Paint manufacturers Valspar and The Federal Trade Commission have postponed their merger until 2015 , citing further time needed to meet regulator’s requirements. Sherwin-Williams is likely to require that the purchase of Valspar at $ 113 per share would need to come after a divestiture of a section of Valspar ’s portfolio before approval could be given. The acquisition could be $ 11.3bn in total, though the divestiture is likely to be less than the $650m made in revenue in 21 June 2017 .
Paint manufacturers Valspar and Sherwin-Williams have postponed their merger until 21 June 2017, citing further time needed to meet regulator’s requirements. The Federal Trade Commission is likely to require that the purchase of Valspar at $113 per share would need to come after a divestiture of a section of Valspar’s portfolio before approval could be given. The acquisition could be $11.3bn in total, though the divestiture is likely to be less than the $650m made in revenue in 2015.