|Day's Range||333.05 - 335.42|
|52 Week Range||239.48 - 339.62|
|PE Ratio (TTM)||26.24|
|Dividend & Yield||3.40 (1.02%)|
|1y Target Est||N/A|
FTC requires Sherwin Williams to sell Valspar's industrial wood coatings business to Axalta.
Paint-maker Sherwin-Williams has won U.S. antitrust approval to buy U.S. rival Valspar Corp, the Federal Trade Commission said on Friday. To gain antitrust approval, the FTC required the companies to sell Valspar’s North America Industrial Wood Coatings Business, which makes stains, sealants and other products used for kitchen cabinets and other goods. The FTC, which valued the deal at $11.3 billion, said that the asset sale was needed because just three companies currently make the wood stains and sealants.
These three companies -- and their dividend payments -- are as stable as they come.