Akzo Nobel Rejects Nippon’s $8.5 Billion Bid For Decorative Paints Business
Akzo Nobel's board rejected the €7.5 billion ($8.5 billion) takeover bid by Nippon Paint Holdings—controlled by the family of late Singaporean billionaire Goh Cheng Liang—for the company’s decorative paints unit as it continues to back the proposed merger with Axalta Coating Systems.
Akzo Nobel's board rejected the €7.5 billion ($8.5 billion) takeover bid by Nippon Paint Holdings—controlled by the family of late Singaporean billionaire Goh Cheng Liang—for the company’s decorative paints unit as it continues to back the proposed merger with Axalta Coating Systems.
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