Akzo Nobel N.V. (AKZOY)

QUOTE AND NEWS
Channel News Asia  May 23  Comment 
PPG Industries remains interested in negotiating a "consensual" deal with Akzo Nobel , even as the Dutch rival paint maker resists its 26.3 billion euro (US$29.5 billion) takeover offer, PPG's top executive said on Tuesday.
Channel News Asia  May 22  Comment 
Akzo Nobel shareholders angered by the Dutch paint maker's rejection of a 26.3 billion euro (US$29.5 billion) takeover offer from U.S. rival PPG Industries go to court on Monday seeking a pivotal victory in the continuing battle.
SeekingAlpha  May 22  Comment 
Wall Street Journal  May 21  Comment 
PPG Industries, the world’s largest paint maker, may seem as exciting as watching its products dry. But Chief Executive Michael McGarry, a bowler who likes to keep a low profile, is pursuing Dutch rival Akzo Nobel, in one of the boldest...
Motley Fool  May 16  Comment 
Coatings specialist doesn't seem to know how to take "No" for an answer.
Channel News Asia  May 10  Comment 
Paint maker PPG Industries said on Wednesday it could walk away from its pursuit of Dutch peer Akzo Nobel , which has rejected three takeover bids from the U.S. firm.
Wall Street Journal  May 9  Comment 
U.S. activist investor Elliott Management has asked a Dutch court to force Akzo Nobel to hold a special shareholder meeting seeking the removal of its chairman, its latest attempt to strong-arm the paint maker into sale talks with rival PPG.
Reuters  May 9  Comment 
Dutch paint maker Akzo Nobel on Monday rejected a third takeover proposal from PPG Industries, leaving its larger U.S. rival to decide whether to make a formal bid without the support of Akzo's board, or throw in the towel.
Wall Street Journal  May 8  Comment 
PPG can’t turn properly hostile on Akzo Nobel, so it needs to be prepared for a lengthy game of cat-and-mouse with the company’s board




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Based in the Netherlands, Akzo Nobel N.V.is a Global Fortune 500 chemicals company, producing a vast array of goods such as human and animal pharmaceuticals, paints, stains, hospital supplies, and other products. The company operates three business segments: Coatings, Chemicals, and Pharma. The Coatings segment makes decorative, industrial and protective coatings, as well as industrial finishes, car refinishes, and other industrial products. The Chemicals segment produces specialty, functional, and commodity chemicals. Its products include pulp and paper, surfactants, polymers and base chemicals, as well as high-quality salts. The Pharma segment is engaged in research, development, manufacturing, sales and services in strategic areas of human and animal healthcare. The Pharma business is named as Organon Biosciences (OBS). This segment comprises two units: Organon, which makes prescription medicines and produces complex active pharmaceutical ingredients and Intervet, which manufactures veterinary products.

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