Sherwin-Williams and Nippon Paint end joint pursuit of AkzoNobel
AkzoNobel had rejected their all-cash offers, leading to the decision.
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Manufacturer of paints and coatings
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In short: Sherwin-Williams reported strong Q1 2026 earnings and opened its new Cleveland headquarters despite legal challenges over plant odors and emissions.
AkzoNobel had rejected their all-cash offers, leading to the decision.
The proposal to split AkzoNobel's businesses was rejected by its board; next steps are being considered.
The company thanks employees for delivering reliability to customers.
Net sales rose 6.8% to $5.67 billion. Diluted EPS increased 7.5% to $2.15. Reaffirms full-year guidance of $11.50-$11.90 adjusted EPS.
Detailed price information for Sherwin-Williams Company (SHW-N) from The Globe and Mail including charting and trades.
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