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Mexican deal puts fresh gloss on Sherwin-Williams Add to ...

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Sherwin-Williams is colouring Latin America green. The U.S. paint maker says it will splash out $2.3-billion (U.S.) for Mexican rival Comex. The market at one point added about $1-billion to Sherwin-Williams’ value, though the cost savings from the deal are estimated to be worth only around half as much. It’s a testament to optimism about the region despite some signs of sluggishness.

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