PPG Industries Inc. has commenced a voluntary recommended public cash tender offer for all shares in Tikkurila Oyj. The Tender Offer period commenced on January 15, 2021 at 9.30 Finnish time.
Trading of the Tikkurila shares on the Helsinki Stock Exchange started on March 26, 2010. It resulted in a new consumer product brand company being included on the Helsinki stock exchange and in nearly 30,000 new shareholders for Tikkurila. The taxable value and purchase price for share dividend received in connection to the listing is EUR 15.80 (volume weighted average price on the first listing day).
Public Tender Offer for all shares in Tikkurila by PPG Industries Inc.
Stock exchange release, Statement of the Board of Directors (Jan. 13, 2021)
Stock exchange release, Amendment to combination agreement (Jan. 5, 2021)