Sherwin-Williams buys Comex

Investor's Business Daily

The paint maker said it will buy the privately held Mexican paint company Consorcio Comex for $2.34 bil in cash, including assumed debt. "This transaction will significantly increase our presence in markets where our store count is low ," said Sherwin-Williams (SHW) CEO Christopher Connor. Shares rose 5.8% to 149.06.

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