The deal may have been aimed at avoiding a takeover from its rival PPG Industries. On Tuesday, Akzo Nobel disclosed that it will be selling its Specialty Chemicals business to U.S. private equity firm Carlyle Group and Singapore’s GIC for… Read More ›
As per analysts, although the going is likely to be tough for Akzo, the company is under heightened pressure to deliver given its past behavior and performance. On Monday, Akzo Nobel, the Dutch paints and coatings maker who came under… Read More ›
Ton Buechner and the company’s Chairman, Antony Burgmans faced a minor rebellion from shareholders for having rejected PPG’s takeover offer. Ton Buechner, the CEO of Azko Nobel, a Dutch paint manufacturer has stepped down from his role in the… Read More ›
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