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Esmalglass-Itaca Group signed an agreement to acquire the Tile Coatings Business of Ferro Corporation for USD 460 million in cash, with potential additional USD 32 million. Closing is expected no earlier than summer 2020, subject to regulatory approval.
Esmalglass-Itaca Group signed an agreement in December 2019 to acquire Ferro Corporation's Tile Coatings Business for $460 million in cash, with potential for an additional $32 million. Closing is expected by summer 2020.