AkzoNobel receives third unsolicited bid from PPG

AkzoNobel receives third unsolicited bid from PPG

5:28 AM, 25th April 2017
AkzoNobel logo

AMSTERDAM, NETHERLANDS: AkzoNobel NV confirms that it has received a third unsolicited and conditional proposal from PPG Industries Inc for acquiring all the outstanding share capital of the company.

In accordance with its fiduciary duties and acting under the Dutch governance code the board of management and supervisory board of AkzoNobel will carefully review and consider this proposal.

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