CVC Lowers Minimum Acceptance for Forbo Takeover
Zurich, Switzerland, March 21--Private equity group CVC Capital Partners has lowered its minimum acceptance threshold for a successful takeover of Forbo Holding AG.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Solutia Announces Executive Changes
St. Louis, March 21--Solutia Inc. has announced two changes to its executive leadership team, effective immediately.
Las Vegas Market to Coincide with Surfaces 2006
Las Vegas, NV, March 18—The brand new World Market Center of Las Vegas has announced dates for its 2006 Winter Market. Those dates, Jan. 30 to Feb. 3 coincide with Surfaces 2006, which is scheduled for Jan. 31 to Feb. 3 at the Sands Expo & Convention Cen
Chemicals Prices Expected to Keep Rising
New York, NY, March 17--Top U.S. chemical executives said prices of benchmark chemicals will continue to rise this year despite stalling the last two months, which may have led some investors to sell off shares in recent days.
NAR: Commercial Real Estate Market Improving
Washington, DC, March 17--The commercial real estate market is improving and vacancy rates are expected to decline in all four commercial market sectors this year, according to the National Association of Realtors Commercial Real Estate Spotlight.
Home Depot to Centralize Divisional Leaders in Atl
Atlanta, GA, March 16--Home Depot will centralize its three U.S. divisional offices into the company's headquarters located in Atlanta, Georgia.
Pergo’s Board Proposes Performance Related Option
Trelleborg, Sweden, March 16--The Board of Directors of Pergo has passed a resolution to propose a performance related personnel option plan.
Housing Starts Up 0.5% in February
Washington, DC, March 16—-Housing starts in February hit a 21-year high, increasing 0.5 percent to a level of 2.195 million homes at an annual pace, according to the Commerce Department.
Milliken Withdraws from Surfaces 2006
LaGrange, GA, March 15--Milliken Residential Carpet announced it will not be attending Surfaces in 2006.
DFS Flooring Acquires Southern California Invironm
Van Nuys, CA, March 15--DFS Flooring, a Southern California flooring and maintenance company, acquired the Van Nuys and San Diego locations and the maintenance business in Fullerton of The Invironmentalists.