Prince International has announced today that it has acquired Ferro Corporation.
The transaction is expected to close during the first quarter of 2022, subject to the approval of Ferro shareholders and the satisfaction of customary closing conditions, including applicable regulatory approvals.
More info : https://www.prnewswire.com/news-releases/prince-international-corporation-to-acquire-ferro-corporation-for-22-00-per-share-in-an-all-cash-transaction-valued-at-approximately-2-1-billion-301288515.html
Curious to see how this will impact their PE business, because there are many organisational overlaps and combined they may have a too dominant market position in some regions.