Edition:
United States

Akzo Nobel NV (AKZO.AS)

AKZO.AS on Amsterdam Stock Exchange

74.42EUR
15 Dec 2017
Change (% chg)

€0.04 (+0.05%)
Prev Close
€74.38
Open
€74.17
Day's High
€74.42
Day's Low
€73.90
Volume
970,343
Avg. Vol
772,089
52-wk High
€83.09
52-wk Low
€58.15

Select another date:

Thu, Nov 30 2017

Photo

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 .

UPDATE 1-Akzo Nobel shareholders approve chemicals split

AMSTERDAM, Nov 30 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.

Akzo Nobel shareholders approve specialty chemicals spin-off

AMSTERDAM, Nov 30 Shareholders in Dutch paint and coatings company Akzo Nobel on Thursday approved the company's plan to demerge its 10-billion-euro chemicals division.

Nippon Paint makes proposal to Axalta, merger talks with Akzo Nobel end

NEW YORK/AMSTERDAM Nippon Paint Holdings Co Ltd made an all-cash offer on Tuesday to acquire U.S. coatings company Axalta Coating Systems Ltd, two people familiar with the matter said, ending merger talks between Axalta and Dutch peer Akzo Nobel. | Video

UPDATE 4-Nippon Paint makes proposal to Axalta, merger talks with Akzo Nobel end

* Nippon Paint shares down 4.5 pct prior to suspension (Adds Nippon Paint's official confirmation)

Exclusive: Nippon offer prompted Axalta to end Akzo Nobel merger talks -source

Japan's Nippon Paint Holdings Co Ltd made an all-cash offer on Tuesday to acquire Axalta Coating Systems Ltd , a source familiar with the matter said, prompting Axalta to end merger talks with Akzo Nobel NV .

BRIEF-Axalta ​‍confirmed previously announced talks with Akzonobel have ended regarding a potential merger

* Axalta Coating Systems - ‍confirmed that previously announced talks with Akzonobel have ended regarding a potential merger of equals transaction​

BRIEF-Akzo Nobel and Axalta end merger discussions

* AKZO NOBEL NV SAYS ‍SEPARATION OF AKZONOBEL SPECIALTY CHEMICALS BUSINESS AND RETURN OF VAST MAJORITY OF NET PROCEEDS TO SHAREHOLDERS REMAIN ON TRACK​ Source text for Eikon: Further company coverage:

Story on Akzo Nobel withdrawn

The story "Akzo Nobel: options for chemicals arm are sale or spin-off, no IPO" was based on an Oct. 18 press release and was sent in error. The story also contained an incorrect reference to the company stating that it would not consider an IPO for its Specialty Chemicals division. The story has been withdrawn and no substitute story will be published.

Breakingviews - Axalta deal complicates Akzo's juggling act

LONDON (Reuters Breakingviews) - Akzo Nobel has added another ball to an already tricky juggling act. Fresh from deflecting a takeover from one U.S. rival, the Dutch group confirmed on Monday that it is considering merging its paint unit with another, former DuPont subsidiary Axalta. A combination makes sense. But new Chief Executive Thierry Vanlancker is busy grappling with weak results and a chemicals spinoff.

Select another date: