Keyword: PPG

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AkzoNobel Lifts Peroxide Output in Mexico

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...

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PPG Drops Pursuit of AkzoNobel

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...

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PPG Fails to Get AkzoNobel Bid Extension

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...

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AkzoNobel Wins Court Case Against Shareholders

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...

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PPG Sells Fiberglass Operations to NEG

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...

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Akzo Pushes Back Against Third PPG Bid

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...

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PPG Makes “Final” Friendly Bid for AkzoNobel

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...

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AkzoNobel Outlines Forward Strategy

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...