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Akzo Nobel rebuffs takeover approach from PPG, mulls over separating Specialty Chemicals division

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Published in issue 11/2017
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Amsterdam-based paints, coatings and chemicals company Akzo Nobel has rejected an unsolicited, non-binding offer by its US rival PPG Industries to acquire all issued and outstanding ordinary shares in the company. Akzo Nobel explained that the PPG takeover proposal substantially undervalued the company and was not in ...

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