IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: United States/Americas

IRS approves favorable tax treatment for PPG spin-off

2:31 PM MST | January 14, 2013 | —Robert Westervelt

PPG Industries recently received a favorable private letter ruling from the US Internal Revenue Service (IRS) regarding how the planned merger of its commodity chemicals business into Georgia Gulf would be treated for tax purposes. The deal was announced last July. The receipt of the ruling was a closing condition of the transaction. PPG now intends to commence its exchange offer to split off its commodity chemicals business, with the closing of merger expected to occur by the end of this month. Under terms of the agreement, PPG shareholders will own...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa