09.06.2017
- AkzoNobel’s Specialty Chemicals business has completed the expansion of its Polymer Chemistry production complex in Los Reyes, Mexico. The investment widens the Dutch group’s North...
04.06.2017
- PPG has decided to walk away from AkzoNobel after a bitterly fought three-month struggle to acquire its Dutch rival. The US paints and coatings group had offered €26.9 billion in...
01.06.2017
- The Dutch Authority for the Financial Markets (AFM) has rejected PPG’s request for an extension to the Jun. 1 deadline to make a tender offer for AkzoNobel. AFM did not give...
31.05.2017
- A Dutch court has rejected attempts by a group of AkzoNobel shareholders to force a special meeting to oust the company’s chairman, Antony Burgmans, who is viewed as the main...
29.05.2017
- US coatings giant PPG has agreed to sell the last of its fiberglass operations to Japanese glass manufacturer Nippon Electric Glass (NEG) for an undisclosed sum. PPG’s remaining...
10.05.2017
- Akzo Nobel continues to fight to retain its corporate independence, rejecting a third bid from US coatings rival PPG at the beginning of the week just as an activist shareholder...
26.04.2017
- US coatings giant PPG has launched a third and what it called a last friendly bid for rival AkzoNobel. The latest offer is at €96.75 per ordinary share, including dividend. It...
20.04.2017
- AkzoNobel said it will press ahead with plans to spin off its Specialty Chemicals segment as an alternative to a merger with US rival PPG, which is pursuing a takeover of the Dutch...