PPG Industries Inc. (PPG) announced Monday morning that it agreed to acquire Consorcio Comex S.A. de C.V. in a transaction valued at $2.3 billion.
PPG Industries gapped open sharply higher Monday, but was range-bound throughout the session. Shares finished with a gain of 6.10 at $210.15 on above average volume. The stock rose above a 3-week range and set a new high for the year.
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