Proposed separation of Specialty Chemicals and rejection ppg akzo deal
Dutch paints and coatings maker Akzo Nobel rejected a second takeover proposal from U.S. rival PPG Industries saying an improved 22.4 billion euro ($24.1 billion) offer was too low and too risky.
Akzo Nobel-PPG: Why This Trans-Atlantic Megadeal Could ppg akzo deal
PITTSBURGH--(BUSINESS WIRE)--PPG Industries (NYSE:PPG) today announced that it has finalized the acquisition of the North American architectural coatings business of Akzo Nobel N.V., Amsterdam, in a deal valued at $1.05 billion.
PPG Industries: Walking Away From Akzo Nobel Was A Very ppg akzo deal
Final Thoughts. One thing is for sure, Akzo is under a great deal of pressure. Shares have risen from EUR 65 to EUR 75 in response to PPG´s offer at EUR 82.50.
PPG confirms proposal for AkzoNobel - PPG - Paints
U.S. paints and coatings maker PPG Industries has dropped its attempt to buy Dutch rival Akzo Nobel in a 26.3 billion euro ($29.5 billion) deal, stung by repeated rejections from the company
PPG CEO McGarry Says Akzo Shareholders Support Deal Talks
PPG Industries, Inc. is an American Fortune 500 company and global supplier of paints, coatings, and specialty materials. With headquarters in Pittsburgh, Pennsylvania, PPG operates in more than 70 countries around the globe.
PPG makes third and “last” offer to buy AkzoNobel
"The question now is whether Akzos board will stay unanimous in its resistance of PPG," said analyst Joost van Beek of Theodoor Gilissen said.
PPG Goes After Akzo: Perhaps There Is Still Time To Buy ppg akzo deal
The deal would combine the world’s two biggest makers of paints and coatings and PPG reckons it can achieve savings of $750 million thanks to factors such as economies of scale on production and
PPG Drops Its Pursuit of Akzo Nobel - The New York Times ppg akzo deal
The Akzo deal collapsed, but PPG Industries might have other aces up its sleeve About a year ago, PPG Industries was pursuing a merger with Dutch competitor Akzo Nobel (TICKER) .
PPG walks away from battle to buy Akzo Nobel - Reuters ppg akzo deal
US group PPG Industries has walked away from a prospective €26.9bn takeover of paint and coatings rival Akzo Nobel. In a statement on Thursday PPG said it had withdrawn its proposed merger deal