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Tag: Akzo Nobel

Industries, Manufacturing

AkzoNobel Shares Soar After Rejecting $22 Billion Takeover Bid From U.S. Paints Giant PPG

March 9, 2017

Via: Fortune

Dutch paints and coatings maker Akzo Nobel rejected a 21 billion euro ($22 billion) bid from larger U.S. rival PPG Industries on Thursday, saying instead it would “unlock value” by spinning off its chemicals business. PPG’s unsolicited offer, which would […]