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Akzo Nobel NV (AKZOY.PK)

AKZOY.PK on OTC Markets Group

29.10USD
23 Jun 2017
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$0.38 (+1.32%)
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Fri, Jun 9 2017

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Hedge fund Elliott Advisors increases stake in Akzo Nobel

AMSTERDAM Elliott Advisors has increased its stake in Dutch paint maker Akzo Nobel to at least 5 percent from 3.25 percent, according to a filing with the Dutch financial markets regulator AFM dated Wednesday.

UPDATE 1-Hedge fund Elliott becomes Akzo Nobel's largest shareholder

AMSTERDAM, June 9 Hedge fund Elliott Advisors has become Dutch paint maker Akzo Nobel's largest shareholder by increasing its stake to at least 5 percent, according to a filing published by Dutch regulators on Friday.

Hedge fund Elliott Advisors increases stake in Akzo Nobel

AMSTERDAM, June 9 Elliott Advisors has increased its stake in Dutch paint maker Akzo Nobel to at least 5 percent from 3.25 percent, according to a filing with the Dutch financial markets regulator AFM dated Wednesday.

Factbox: Elliott Advisors' top five holdings

LONDON Activist investor Elliott Advisors suffered a setback when U.S. paint maker PPG walked away from bid target Akzo Nobel , but the New York-based hedge fund has plenty of other investments where it is seeking to exert its influence.

BRIEF-Fitch says Akzo rating to remain under pressure after PPG withdrawal

* Fitch: Akzo rating to remain under pressure after PPG withdrawal

Akzo responds to PPG approach after takeover battle ends

AMSTERDAM Akzo Nobel, the Dutch paint maker that rejected a 26.3 billion-euro ($29.6 billion) takeover proposal from U.S. rival PPG Industries , has sent PPG a letter shortly after its suitor walked away, detailing its objections to doing a deal.

UPDATE 2-Akzo responds to PPG approach after takeover battle ends

AMSTERDAM, June 2 Akzo Nobel, the Dutch paint maker that rejected a 26.3 billion-euro ($29.6 billion) takeover proposal from U.S. rival PPG Industries, has sent PPG a letter shortly after its suitor walked away, detailing its objections to doing a deal.

Akzo responds to PPG - after the takeover battle ends

AMSTERDAM, June 2 Akzo Nobel, the Dutch paint maker that rejected a 26.3 billion-euro ($29.63 billion) takeover proposal from U.S. rival PPG Industries, has sent PPG a letter, seen by Reuters, detailing specific problems it saw with the deal.

BRIEF-Akzo Nobel to actively solicit the views of shareholders

* ANNOUNCES IT WILL EMBARK ON A PROGRAM TO ACTIVELY SOLICIT THE VIEWS OF SHAREHOLDERS, INCLUDING THOSE WHO HAVE RECENTLY CHALLENGED THE COMPANY

PPG walks away from battle to buy Akzo Nobel

AMSTERDAM U.S. paints and coatings maker PPG Industries has dropped its attempt to buy Dutch rival Akzo Nobel in a 26.3 billion euro ($29.5 billion) deal, stung by repeated rejections from the company, legal defeats and hostility from Dutch politicians.

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