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Akzo Nobel NV (AKZO.AS)

AKZO.AS on Amsterdam Stock Exchange

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15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Akzo Nobel to build EHEC plant​
Thursday, 21 Sep 2017 04:05am EDT 

Sept 21 (Reuters) - AKZO NOBEL NV ::‍STUDIES PLANS TO BUILD WORLD-CLASS EHEC PLANT​.THE STUDY IS EXPECTED TO BE COMPLETED BY THE END OF 2017.  Full Article

Akzo Nobel announces Maarten de Vries as CFO
Tuesday, 19 Sep 2017 02:00am EDT 

Sept 19 (Reuters) - AKZO NOBEL NV ::AKZO NOBEL TODAY ANNOUNCES MAARTEN DE VRIES AS CHIEF FINANCIAL OFFICER (CFO), STARTING JANUARY 1, 2018.  Full Article

AkzoNobel EGM appoints Thierry Vanlancker as member of Board of Management
Friday, 8 Sep 2017 08:46am EDT 

Sept 8 (Reuters) - AKZO NOBEL NV ::REG-AKZONOBEL EGM APPOINTS THIERRY VANLANCKER AS MEMBER OF THE BOARD OF MANAGEMENT.  Full Article

Akzo Nobel CFO Maëlys Castella to step down due to health reasons
Friday, 8 Sep 2017 01:05am EDT 

Sept 8 (Reuters) - AKZO NOBEL NV ::REG-AKZONOBEL CFO MAËLYS CASTELLA ON LEAVE OF ABSENCE DUE TO HEALTH REASONS.‍CHIEF FINANCIAL OFFICER AND MEMBER OF BOARD OF MANAGEMENT WILL STEP DOWN DUE TO HEALTH REASONS​.‍FOLLOWING AN ANTICIPATED RECOVERY, MAËLYS IS EXPECTED TO RETURN TO AKZONOBEL IN A SENIOR MANAGEMENT ROLE​.‍ANNOUNCED CURRENT GROUP CONTROLLER HANS DE VRIESE AS INTERIM CFO​.‍IN MEANTIME, INITIATING FULL INTERNAL AND EXTERNAL SEARCH FOR A PERMANENT REPLACEMENT​.  Full Article

Akzo Nobel cuts 2017 EBIT guidance
Friday, 8 Sep 2017 01:01am EDT 

Sept 8 (Reuters) - AKZO NOBEL NV ::REG-AKZONOBEL ANNOUNCES NEW MANAGEMENT STRUCTURE AND MEASURES TO ENSURE DELIVERY OF 2020 FINANCIAL GUIDANCE.‍COMPANY IS IMPLEMENTING A RANGE OF MEASURES TO MITIGATE CURRENT MARKET CHALLENGES​.‍NEW MANAGEMENT STRUCTURE AND ADDITIONAL MEASURES ARE BEING IMPLEMENTED TO ENSURE ONGOING DELIVERY OF AKZONOBEL 2020 FINANCIAL GUIDANCE​.‍ SEPARATION OF SPECIALTY CHEMICALS REMAINS ON TRACK FOR APRIL 2018.‍SEPARATION OF SPECIALTY CHEMICALS REMAINS ON TRACK FOR APRIL 2018​.SEES ‍EBIT FOR 2017 HIGHER THAN 2016 ALTHOUGH LESS THAN PREVIOUSLY COMMUNICATED INCREASE OF EUR 100 MILLION.​.EXPECTS TO DELIVER A STRONGER 2017 THAN 2016, TO HELP ENSURE WE ACHIEVE OUR 2020 FINANCIAL GUIDANCE - CEO.NEW STRUCTURE WILL BE BASED ON FOUR REGIONAL PAINTS BUSINESS UNITS AND FOUR INTEGRATED COATINGS BUSINESS UNITS.  Full Article

Akzo Nobel Aerospace Coatings partners with HiscoMex in Mexico
Thursday, 31 Aug 2017 05:27am EDT 

Aug 31 (Reuters) - AKZO NOBEL NV ::AKZONOBEL AEROSPACE COATINGS EXPANDS ITS DISTRIBUTION NETWORK BY PARTNERING WITH HISCOMEX, DISTRIBUTOR IN MEXICO.  Full Article

Akzo Nobel reaches agreement with Elliott
Wednesday, 16 Aug 2017 02:00am EDT 

Aug 16 (Reuters) - Akzo Nobel Nv : :AKZONOBEL REACHES AGREEMENT WITH ELLIOTT.REG-AKZONOBEL REACHES AGREEMENT WITH ELLIOTT.AKZO NOBEL NV - ‍AGREEMENT INCLUDES ALIGNMENT ON AKZONOBEL STRATEGY TO FULLY SEPARATE SPECIALTY CHEMICALS​.ELLIOTT WILL SUPPORT APPOINTMENT OF MR. THIERRY VANLANCKER AS A MEMBER OF BOARD OF MANAGEMENT OF AKZONOBEL.AKZONOBEL AND ELLIOTT HAVE ALSO AGREED, SUBJECT TO TERMS OF A STANDSTILL AGREEMENT, TO SEEK TO SUSPEND ALL ONGOING LITIGATION FOR AT LEAST THREE MONTHS.‍AKZONOBEL AND ELLIOTT AGREED, SUBJECT TO TERMS OF STANDSTILL AGREEMENT, TO SEEK TO SUSPEND ONGOING LITIGATION FOR AT LEAST 3 MTHS​.AKZO NOBEL - ANNOUNCES NOMINATION OF TWO NEW SUPERVISORY BOARD MEMBERS; SUE CLARK AND PATRICK THOMAS‍​.AKZO NOBEL -INTENDS TO NOMINATE A THIRD NEW SUPERVISORY BOARD MEMBER.  Full Article

KKR, CVC Capital have begun working on joint offer for Akzo Nobel's specialty chemicals division - Bloomberg
Thursday, 27 Jul 2017 10:14am EDT 

July 27 (Reuters) - :KKR & Co and CVC Capital Partners have begun working on a joint offer for Akzo Nobel NV's specialty chemicals division - Bloomberg, citing sources.Advent International, Apollo Global also considering bids for Akzo Nobel NV's specialty chemicals division, which could be valued at more than 9 billion euros - Bloomberg.  Full Article

Akzo Nobel announces new Executive Committee structure
Tuesday, 25 Jul 2017 01:02am EDT 

July 25 (Reuters) - AKZO NOBEL NV ::AKZO NOBEL NV - ‍EFFECTIVE IMMEDIATELY, RUUD JOOSTEN IS NAMED CHIEF OPERATING OFFICER (COO) PAINTS & COATINGS​.‍SUPERVISORY BOARD HAS DESIGNATED MR VANLANCKER AS CEO/CHAIRMAN OF BOARD OF MANAGEMENT​.AKZO NOBEL NV - ‍WERNER FUHRMANN WILL RETURN TO AKZONOBEL IN ROLE OF HEAD OF SPECIALTY CHEMICALS​.‍IN NEW EXECUTIVE COMMITTEE FOLLOWING ROLES WILL CONTINUE: CHIEF EXECUTIVE OFFICER (THIERRY VANLANCKER)​.  Full Article

Akzonobel convenes EGM and actions to improve shareholder relations
Tuesday, 25 Jul 2017 01:01am EDT 

July 25 (Reuters) - AKZO NOBEL NV ::REG-AKZONOBEL CONVENES EGM AND ACTIONS TO IMPROVE SHAREHOLDER RELATIONS.‍ANNOUNCES A RANGE OF MEASURES DESIGNED TO STRENGTHEN AND MAINTAIN A CONSTRUCTIVE DIALOGUE WITH ITS SHAREHOLDERS​.‍CREATION OF A SUPERVISORY BOARD COMMITTEE FOR SHAREHOLDER RELATIONS​.‍DAVID MAYHEW AND TEAM FROM JP MORGAN CAZENOVE APPOINTED AS ADVISOR FOR SHAREHOLDER RELATIONS​.‍SENIOR EXECUTIVE REMUNERATION TO BE ALIGNED TO NEW FINANCIAL PLAN​.‍PROGRAM OF MEETINGS TO INTRODUCE NEW CEO​.  Full Article

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Akzo Nobel shareholders approve chemicals split

AMSTERDAM Akzo Nobel gained shareholder approval on Thursday to spin off its 10 billion euro ($11.9 billion) chemicals division as part of plans to placate investors after the Dutch paintmaker rejected a takeover offer from rival PPG Industries .