01.06.2017
- The Dutch Authority for the Financial Markets (AFM) has rejected PPG’s request for an extension to the Jun. 1 deadline to make a tender offer for AkzoNobel. AFM did not give...
31.05.2017
- A Dutch court has rejected attempts by a group of AkzoNobel shareholders to force a special meeting to oust the company’s chairman, Antony Burgmans, who is viewed as the main...
29.05.2017
- US coatings giant PPG has agreed to sell the last of its fiberglass operations to Japanese glass manufacturer Nippon Electric Glass (NEG) for an undisclosed sum. PPG’s remaining...
10.05.2017
- Akzo Nobel continues to fight to retain its corporate independence, rejecting a third bid from US coatings rival PPG at the beginning of the week just as an activist shareholder...
26.04.2017
- US coatings giant PPG has launched a third and what it called a last friendly bid for rival AkzoNobel. The latest offer is at €96.75 per ordinary share, including dividend. It...
20.04.2017
- AkzoNobel said it will press ahead with plans to spin off its Specialty Chemicals segment as an alternative to a merger with US rival PPG, which is pursuing a takeover of the Dutch...
19.04.2017
- Fighting an increasingly uphill battle against engaging with PPG, which is in hot pursuit of the Dutch company, AkzoNobel CEO Ton Büchner is poised to try to convince an Apr. 19...
12.04.2017
- US paints and coatings giant PPG has opened additional production capacity for food-can coatings at its plant in Oak Creek, Wisconsin, USA. It said the investment of nearly $3...