Search Results for: akzonobel

AkzoNobel strengthens South American position

AkzoNobel has opened a Performance Coatings production facility in Santo André, Brazil. The facility, an expansion of an existing site in Santo André, São Paulo, will manufacture and supply products […]

AkzoNobel rejects PPG again

AkzoNobel has rejected a third takeover bid from PPG Industries. The deal, which valued the Dutch firm at €26.3bn, aimed to combine the world’s two biggest makers of paints and […]

PPG table ‘final’ AkzoNobel offer

AkzoNobel meets shareholders today just 24 hours after PPG raised its proposed bid to €26.9 (£23bn), which the American company has described as its ‘final’ offer. It is the third […]

AkzoNobel provides plan update

AkzoNobel has forecast a €100m increase in operating profit for 2017, as well as revealed plans to separate its chemicals unit. The Dutch firm, which has been the target of […]

AkzoNobel to unveil corporate strategy

AkzoNobel is expected to outline its strategic plan today, when chief executive Ton Buchner will have to convince shareholders that his vision is a better option than accepting the latest […]

AkzoNobel releases CEO Q&A

In light of recent events, AkzoNobel has released a video of Ton Büchner, CEO of AkzoNobel answering questions focusing on the future of the company.    

AkzoNobel sets out plans

AkzoNobel will raise its financial targets and detail plans for its chemicals division next month in the wake of PPG’s interest in the business. According to Reuters the business said […]

AkzoNobel rejects second PPG bid

AkzoNobel has rejected a second unsolicited, non-binding and conditional proposal from PPG Industries Inc. According to AkzoNobel the proposal fails to reflect the current and future value of the business, […]

AkzoNobel rejects PPG takeover bid

AkzoNobel has rejected a €20.9bn takeover bid from PPG Industries. However, the bid has sparked action from AkzoNobel, which says it is now considering separating its specialty chemicals business. Bloomberg […]

AkzoNobel completes BASF Industrial Coatings deal

AkzoNobel has completed the purchase of BASF’s Industrial Coatings business. Apart from adding two production sites in the UK and South Africa to its portfolio, AkzoNobel says the merger will […]

AkzoNobel takes to the high seas

AkzoNobel is hoping to rule the waves by winning the Volvo Ocean Race next year. It’s teamed up with Dutch sailor Simeon Tienpont to compete in the round-the-world races which […]