Hot News
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Hot News
by JB2wheeler Wed Feb 06, 2013 7:37 pm
http://www.nationalspeedsportnews.com/nascar/sprint-cup-nascar/dupont-sold-buyer-sticking-with-no-24/
JB2wheeler- G3GM Fanatic
- Street Cred : 28
Re: Hot News
by 77mali Wed Feb 06, 2013 8:17 pm
"Hendrick Motorsports and driver Jeff Gordon in the NASCAR Sprint Cup Series, has been rebranded as Axalta Coating Systems"
More of the global economy & probably will mean their paint prices will go up.
"Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG) has completed its acquisition of DuPont Performance Coatings for $4.9 billion. The company will be renamed Axalta Coating Systems, and the investment was primarily funded with equity from Carlyle Partners V and Carlyle Europe Partners III.
“We are excited to invest in Axalta Coating Systems and believe its strong market position and global footprint will enable the company to capitalize on opportunities in rapidly emerging markets such as China and Brazil," said Martin Sumner, principal of The Carlyle Group. "As experienced investors in the industrial and transportation sectors, the One Carlyle global network can help Axalta Coating Systems grow and create value.”
More here too:
http://www.bodyshopbusiness.com/Article/109652/DuPont_Performance_Coatings_to_be_Renamed_Axalta_Coating_Systems.aspx
More of the global economy & probably will mean their paint prices will go up.
"Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG) has completed its acquisition of DuPont Performance Coatings for $4.9 billion. The company will be renamed Axalta Coating Systems, and the investment was primarily funded with equity from Carlyle Partners V and Carlyle Europe Partners III.
“We are excited to invest in Axalta Coating Systems and believe its strong market position and global footprint will enable the company to capitalize on opportunities in rapidly emerging markets such as China and Brazil," said Martin Sumner, principal of The Carlyle Group. "As experienced investors in the industrial and transportation sectors, the One Carlyle global network can help Axalta Coating Systems grow and create value.”
More here too:
http://www.bodyshopbusiness.com/Article/109652/DuPont_Performance_Coatings_to_be_Renamed_Axalta_Coating_Systems.aspx
77mali- Donating Member
- Street Cred : 62
Re: Hot News
by bigredlaguna Wed Feb 06, 2013 10:37 pm
Axalta Coating Systems doesn't roll off the tongue very well.
bigredlaguna- G3GM Senior Member
- Street Cred : 53
Re: Hot News
by alleyball4 Thu Feb 07, 2013 12:56 am
it's all about the almighty dollar ....
Jeff lived the next town over (Pittsboro) ... he used to play in a church basketball league with us ... he's a little guy, but surprisingly, was a pretty decent basketball player.
It will be weird to see his car go around without the Dupont on it. I would say he's definitely approaching the tail end of his driving career.
Jeff lived the next town over (Pittsboro) ... he used to play in a church basketball league with us ... he's a little guy, but surprisingly, was a pretty decent basketball player.
It will be weird to see his car go around without the Dupont on it. I would say he's definitely approaching the tail end of his driving career.
alleyball4- Donating Member
- Street Cred : 5
Re: Hot News
by 77mali Thu Feb 07, 2013 8:03 am
bigredlaguna wrote:Axalta Coating Systems doesn't roll off the tongue very well.
Sounds like Exhausted...lol
77mali- Donating Member
- Street Cred : 62
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