BOSTON, Massachusetts, Oct. 18 -- Ropes and Gray, a law firm, issued the following news:

Ropes & Gray represented American Industrial Partners in its definitive agreement to acquire the U.S. and Canadian architectural coatings business of PPG, a global paints, coatings, and specialty materials leader. The announcement was made in an October 17 press release. Financial terms were not disclosed. Consummation of the transaction is subject to customary closing conditions.