Sherwin-Williams Co. has received regulatory approval from both the US Federal Trade Commission and the Canadian Competition Bureau to complete its acquisition of Valspar Corp. The FTC and CCB were the only remaining regulatory approvals required to close the acquisition. Sherwin-Williams said it expected to close the acquisition on June 1, 2017, subject to customary closing conditions. Sherwin-Williams and Valspar have complementary paints and coatings offerings, the company added, and this combination enhances Sherwin-Williams position as a premier global paints and coatings provider.