UPDATE 1-Trian to skip PPG board challenge after new commitments - sources
January 17, 2019 at 18:23 PM EST
Trian Fund Management LP will not challenge PPG Industries Inc's board of directors at its 2019 shareholder meeting after the U.S. paints and coatings company met some of the activist hedge fund's demands and announced new financial targets, people familiar with the matter said on Thursday.