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Nippon Paint Offers $8.6 Billion for Akzo Nobel’s Paint Business

Nippon Paint Offers $8.6 Billion for Akzo Nobel’s Paint Business
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Deals Nippon Paint Offers $8.6 Billion for Akzo Nobel’s Paint Business Nippon Paint Holdings Co. has made an offer for Akzo Nobel NV’s decorative paints business in the past month. The Tokyo-listed group has submitted a proposal to acquire the unit for 7.5 billion euros ($8.6 billion), according to a statement Monday, which confirmed an earlier Bloomberg News report. No specific decisions regarding the acquisition have been made, the company said.

Deals Nippon Paint Offers $8.6 Billion for Akzo Nobel’s Paint Business Nippon Paint Holdings Co. has made an offer for Akzo Nobel NV’s decorative paints business in the past month. The Tokyo-listed group has submitted a proposal to acquire the unit for 7.5 billion euros ($8.6 billion), according to a statement Monday, which confirmed an earlier Bloomberg News report. No specific decisions regarding the acquisition have been made, the company said. [Image text:] AkzoNobel BAC707 M9001
Nippon Paint Offers (ORG) Akzo Nobel’s (ORG) Paint Business Deals Nippon Paint Offers (ORG) Paint Business Nippon Paint Holdings Co. (ORG) Akzo Nobel NV’s (ORG) Tokyo (LOCATION) Bloomberg News (ORG)
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