AkzoNobel confirms Nippon Paint and Sherwin-Williams ended takeover pursuit
The companies are no longer making a public offer for AkzoNobel.
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Global paints and coatings manufacturer
akzonobel.comLast updated
In short: AkzoNobel reported improved profitability for Q1 2026, issued multiple bonds, and advanced its high-profile merger with Axalta Coating Systems.
The companies are no longer making a public offer for AkzoNobel.
Company also rejected cash offers from Nippon Paint and Sherwin-Williams.
The International brand coatings protect wind power and chemical facilities at Songyuan Hydrogen Energy Industrial Park, using renewable electricity to produce green hydrogen, ammonia, and methanol.
They provide support via Sikkens Vehicle Refinishes for the 2027 World Endurance Championship, including Le Mans. Performance, precision, and innovation align both parties.
(ABM FN-Dow Jones) AkzoNobel announced after Tuesday's market close the issuance of a bond worth 750 million euros. The bond has a maturity of...
Citi Research has placed a buy recommendation on AkzoNobel with a price target of 61.00 euros. This was evident from a report by the American investment bank.
The Amsterdam stock market traded slightly lower at the end of the morning on Wednesday. Around 11:30 am, the AEX fell fractionally to 1,049 points.
Nippon Paint and Sherwin-Williams said on Wednesday they had decided to terminate their efforts to ...
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