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Akzo Nobel NV (AKZOY.PK)

AKZOY.PK on OTC Markets Group

13 Jan 2017
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$0.13 (+0.63%)
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Latest Key Developments (Source: Significant Developments)

Akzo nobel and Atul to jointly invest in new MCA factory
Friday, 9 Dec 2016 06:52am EST 

Akzo Nobel NV : And Atul to jointly invest in India in production of MCA in a new factory on Atul's Gujarat site .And Atul will both take 50 percent stake in to be built factory.  Full Article

S.Africa's Competion Commission approves Akzo Nobel, BASF IC deal
Thursday, 4 Aug 2016 08:55am EDT 

South Africa's Competition Commision: • South Africa's Competition Commision approved without conditions intermediate merger whereby Akzo Nobel intends to acquire BASF IC • Competition Commission (commission) has approved without conditions intermediate merger whereby Akzo Nobel intends to acquire BASF IC:.  Full Article

Akzo Nobel acquires 100 percent share of powder coatings venture in Egypt
Tuesday, 26 Jul 2016 04:40am EDT 

Akzo Nobel Nv : Acquires 100 percent share of powder coatings venture in Egypt .Says has raised its stake in Akzo Nobel Powder Coatings SAE in Egypt from 60 percent to 100 percent.  Full Article

Akzo nobel Q2 revenue down 6 pct to 3.7 bln euros
Tuesday, 19 Jul 2016 01:19am EDT 

Akzo Nobel NV : Q2 revenue down 6 pct to 3.7 billion euros ($4.10 billion), strongly adversely affected by currencies . Q2 EBIT (operating income excluding incidental items) up 9 pct at 491 million euros (2015: 452 million euros) . Q2 net income attributable to shareholders 312 million euros (2015: 331 million euros, which included positive incidental items) . Reuters poll: Q2 revenue 3.87 billion euros; net income adjusted 323 million euros; EBITDA 623 million euros . Further de-risking of UK pension liabilities .Outlook: the market environment remains uncertain with challenging conditions in several countries and segments. Deflationary pressures and currency headwinds are expected to continue.  Full Article

Akzo Nobel and Atul Limited planning Indian MCA joint venture
Thursday, 28 Apr 2016 05:16am EDT 

Akzo Nobel NV:AkzoNobel and Atul Limited planning Indian MCA joint venture.Akzo and Atul to install world scale MCA plant at Atul's facility in Gujarat, subject to the necessary regulatory approvals.  Full Article

Akzo Nobel issues 500 million euro bond
Sunday, 3 Apr 2016 08:00pm EDT 

Akzo Nobel NV:Successfully issues 500 million euro bond.New bond will be issued by Akzo Nobel N.V. And will be listed on Luxembourg stock exchange.Settlement is scheduled for April 8, 2016, and bonds will mature on April 8, 2026.Coupon of 1.125 percent.  Full Article

Akzo Nobel agrees acquisition of BASF coatings business
Wednesday, 17 Feb 2016 02:12am EST 

Akzo Nobel NV:Says to have agreed offer to acquire BASF's industrial coatings business for 475 million euros ($530.67 million.Deal is expected to be completed in second half of 2016.  Full Article

Akzo Nobel confirms discussions with BASF on coatings business
Thursday, 11 Feb 2016 02:15am EST 

Akzo Nobel NV:Confirms it is in discussions with BASF with regards a potential purchase of their industrial coatings business​.Says ‍no further details will be made available at this stage.  Full Article

Akzo Nobel proposes 2015 dividend
Wednesday, 10 Feb 2016 01:00am EST 

Akzo Nobel NV:Total dividend proposed for 2015 up 7 percent at 1.55 euros (2014: 1.45 euros).  Full Article

Akzo Nobel ‍acquires full control of hydrogen peroxide joint venture​
Tuesday, 19 Jan 2016 10:00am EST 

Akzo Nobel NV:Acquires outstanding shares in EkO Peroxide LLC from joint venture partner OCI Peroxygens LLC (a subsidiary of OCI Enterprises Inc.)​.‍Financial details of this transaction are not disclosed.  Full Article

Disappointing earnings weigh on European shares

LONDON, Oct 19 European shares fell in early deals on Wednesday after a slew of weak updates weighed on British firms Travis Perkins and Reckitt Benckiser , while Akzo Nobel's results were hit by a weak pound.