Posts Tagged ‘ Akzo Nobel N.V. ’

AkzoNobel Turns Down Another PPG Offer

May 9th, 2017

Dutch chemicals company AkzoNobel has rejected a third takeover bid from U.S.-based PPG, both companies announced Monday. AkzoNobel produces coil and extrusion coatings for glazing systems and other façade elements. PPG exited the glass manufacturing business last year when it sold that segment to Mexico-based Vitro, though the company still supplies coil and extrusion coatings […]

AkzoNobel-PPG Merger Still Up in the Air

Mar 24th, 2017

The world’s two largest coatings companies, which both produce products for the architectural glazing and metal panels markets, are at odds about whether they should join forces. AkzoNobel has rejected a second proposal from PPG to acquire the Europe-based business, this time for $26.3 billion. Among other products, AkzoNobel supplies fluoropolymer coatings used in architectural applications […]

PPG Completes Acquisition of AkzoNobel North American Architectural Coatings Business

Apr 2nd, 2013

PPG Industries has finalized the previously announced acquisition of the North American architectural coatings business of Akzo Nobel N.V., based in Amsterdam. The transaction is valued at $1.05 billion. “We are pleased to have successfully completed this acquisition, the second-largest in our company’s history, as it further extends PPG’s architectural coatings business in the United […]