Akzo Nobel NV (AKZO.AS)
22 Sep 2017
AMSTERDAM, Sept 19 Dutch paint maker Akzo Nobel , which rejected a 26 billion euro ($31.2 billion) takeover approach from U.S. rival PPG Industries this year -- has hired a new chief financial officer from financial services group Intertrust.
AMSTERDAM Dutch paintmaker Akzo Nobel , which angered investors by fending off a $32 billion takeover approach three months ago, warned on Friday it would not hit the 2017 profit target it promised during an acrimonious battle. | Video
* CFO to step aside on health grounds (Adds quotes from shareholder meeting)
AMSTERDAM, Sept 8 Akzo Nobel, the Dutch company that rejected a 26.3 billion euro ($32 billion) buyout from U.S. rival PPG Industries in May, on Friday lowered its 2017 financial targets and announced a revamp of how it manages the two businesses it is not selling, paints and industrial coatings.
AMSTERDAM A large majority of the cities who own Dutch energy company Eneco will likely decide to sell their stakes, leading to a privatization of the country's largest independent energy company, the chairman of its shareholder committee told Reuters.
AMSTERDAM Akzo Nobel and its biggest shareholder Elliott Advisors ended a long-running dispute on Wednesday as the U.S. activist investor agreed to halt legal action against the Dutch paint company and to support its board nominations.
* Elliott agrees to halt lawsuits, back Akzo's board nominations
AMSTERDAM, Aug 16 Akzo Nobel said on Wednesday it has reached an agreement with its largest shareholder, Elliott Advisors, under which the hedge fund will put legal actions against the company on hold and support its board nominations.
AMSTERDAM Akzo Nobel does not have to let shareholders vote on whether to dismiss its chairman, a Dutch court ruled on Thursday, handing the paint company another victory in its battle with U.S. activist investor Elliott Advisors.
AMSTERDAM, Aug 10 Akzo Nobel does not have to let shareholders vote on whether to dismiss its chairman, a Dutch court ruled on Thursday, handing the paint company another victory in its battle with U.S. activist investor Elliott Advisors.