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Mexican Regulator Rejects Sherwin-Williams Appeal on Comex Acquisition

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By: KERRY PIANOFORTE

Editor, Coatings World, Coatings World

The Sherwin-Williams Company announced that the Federal Economic Competition Commission of Mexico informed the company that its appeal relating to its pending acquisition of Consorcio Comex, S.A. de C.V. was denied and the acquisition is not authorized.  The company is currently reviewing the Commission’s decision and is considering all options, including whether to refile with the Commission.

Sherwin-Williams will conduct a conference call to discuss the Commission’s decision at 11:00 a.m. ET on Friday, November 1, 2013. The conference call will be webcast simultaneously in the listen only mode by Vcall. To listen to the webcast on the Sherwin-Williams website, www.sherwin.com, click on About Us, choose Investor Relations, then select Press Releases and click on the webcast icon following the reference to the October 30th release. The webcast will also be available at Vcall’s Investor Calendar website, www.investorcalendar.com. An archived replay of the live webcast will be available at www.sherwin.com beginning approximately two hours after the call ends and will be available until November 21, 2013 at 5:00 p.m. ET.

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