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PPG Industries Inc (PPG.N)

PPG.N on New York Stock Exchange

105.43USD
18 Jan 2019
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Fri, Jan 18 2019

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Trian to skip PPG board challenge after new commitments: sources

Trian Fund Management LP will not challenge PPG Industries Inc's board of directors at its 2019 shareholder meeting after the U.S. paints and coatings company met some of the activist hedge fund's demands and announced new financial targets, people familiar with the matter said on Thursday.

UPDATE 1-Trian to skip PPG board challenge after new commitments - sources

Jan 17 Trian Fund Management LP will not challenge PPG Industries Inc's board of directors at its 2019 shareholder meeting after the U.S. paints and coatings company met some of the activist hedge fund's demands and announced new financial targets, people familiar with the matter said on Thursday.

Trian to skip PPG board challenge after new commitments -sources

Jan 17 Trian Fund Management LP will not challenge PPG Industries Inc's board of directors at its 2019 shareholder meeting after the U.S. paints and coatings company met some of the activist hedge fund's demands and announced new financial targets, people familiar with the matter said on Thursday.

Trian calls for PPG Industries CEO ouster, wants to split company

Activist hedge fund Trian Fund Management said on Thursday that it wants to replace PPG Industries' chief executive with his predecessor and suggested that the U.S. paints and coatings company be broken up.

UPDATE 1-Trian calls for PPG Industries CEO ouster, wants to split company

Oct 25 Activist hedge fund Trian Fund Management said on Thursday that it wants to replace PPG Industries' chief executive with his predecessor and suggested that the U.S. paints and coatings company be broken up.

PPG Industries backs CEO after shareholder Trian calls for his ouster

Oct 25 Paints and coatings maker PPG Industries said its board unanimously backed Michael McGarry as Chairman and CEO, in response to Nelson Peltz-owned Trian Fund Management's call for his ouster.

Trian Fund takes 2.6 percent stake in PPG Industries: WSJ

Nelson Peltz's hedge fund Trian Fund Management has taken a stake of 2.9 percent stake valued at $690 million in paints and coatings maker PPG Industries, the Wall Street Journal reported https://www.wsj.com/articles/activist-investor-trian-takes-2-9-stake-in-ppg-1539117961?mod=hp_major_pos20, citing a person briefed on the matter.

Trian Fund takes 2.6 pct stake in PPG Industries - WSJ

Oct 9 Nelson Peltz's hedge fund Trian Fund Management has taken a stake of 2.9 percent stake valued at $690 million in paints and coatings maker PPG Industries, the Wall Street Journal reported https://www.wsj.com/articles/activist-investor-trian-takes-2-9-stake-in-ppg-1539117961?mod=hp_major_pos20, citing a person briefed on the matter.

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