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AkzoNobel Rejects Joint Takeover Bid from Nippon Paint and Sherwin-Williams
Dutch paint and coatings company AkzoNobel has rejected a joint takeover offer of €12.5 billion (or €13 billion) from Japanese rival Nippon Paint and American company Sherwin-Williams. Both bidding companies are now weighing their next steps after the rejection.
27 May, 07:42 — 27 May, 19:35
The Story
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Source Diversity
Source Diversity
High (55/100)4 sources30/33
Spectrum spread— 2/5 buckets covered8/33
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Left
Center2
Center (2)
FTnos
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Right (2)
seeking-alphachannel-news-asia
Far R
Geographic diversity— 4 regions17/34
US1Singapore1UK1Netherlands1
Sources
Showing 3 of 4 sources
FTVery High74d ago
Dulux owner AkzoNobel rejects €13bn counter-offer
Shares jump 16% as Nippon Paint and Sherwin-Williams attempt to muscle in on deal between Dutch group and Axalta.
Read full article →channel-news-asiaMostly Factual74d ago
AkzoNobel rejects takeover offer from Nippon Paint, Sherwin-Williams
Read full article →seeking-alphaMixed74d ago
Nippon Paint, Sherwin-Williams weigh next steps after AkzoNobel rejects joint bid
Read full article →Coverage Timeline
First report: nos · 27 May, 07:03|Full coverage: 4 · 13h|Window: 13h
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