Akzo Nobel Chemicals (SMC-Private) Limited is a wholly owned subsidiary of
Akzo Nobel Chemicals Holding B.
PPG, which is based in Pittsburgh, called the offer"one last invitation" for
Akzo Nobel to discuss a merger.
23 March 2017 - UK-based private investment firm Elliott and its affiliates, which own more than 3% of Dutch coatings company
Akzo Nobel N.
17 December 2010 - India's rating agency CRISIL on Thursday confirmed the P1+ ratings of
Akzo Nobel India Limited (BOM:AKZOINDIA).
C[pounds sterling]The economic slowdown continues to be more evident in our retail businesses in the US and Europe and, as indicated in 2007, within performance coatings in our industrial coatings business,C[yen]
Akzo told shareholders at its annual meeting.
The deal, which has created the world's biggest paintmaking business, was only given the go-ahead by the European Commission after
Akzo agreed to sell its Crown Paints.
Akzo agreed in August to buy ICI, which makes Dulux paints, for pounds 8bn to create the world's biggest paintmaker and retain its lead in industrial coatings.
Akzo had originally been given until 5pm yesterday to put forward a bid after first approaching ICI in June.
ICI agreed to the move after
Akzo, the maker of Crown paints, tabled a revised 670p a share offer, valuing ICI at pounds 8 billion.
Paul Hoffmann of CB Richard Ellis' Stamford office negotiated the 10-year lease on behalf of
Akzo Nobel.
Akzo Nobel says Worth is the first bat manufacturer to use automotive finish for cosmetic appeal.
To further promote
Akzo Nobel Inks' products and services in the Western Hemisphere, distributors will more closely align with ANI North America to supply the narrow web market with products and services.