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