Nippon Paint offers €7.5 billion for AkzoNobel’s Decorative Paint business
AkzoNobel notes the recent comments in the media and confirms it has received multiple conditional and non-binding proposals from Nippon Paint Holdings Co. (“Nippon Paint”) regarding the potential acquisition of AkzoNobel’s Decorative Paints business (the “Proposal”) at an indicative enterprise valuation of €7.5 billion (on a cash-free and debt-free basis).
Read More