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News 2026-07-13 10:10 UTC

AkzoNobel Confirms Receipt of Nippon Paints' Offers for Decorative Paints Unit

() -- AkzoNobel (AKZA.AS) said Monday it received multiple offers from Japan-based Nippon Paint Holdings to acquire its decorative paints business for 7.5 billion euros on a cash- and debt-free basis, confirming media reports. The Dutch paint company said the offer "significantly undervalues" the decorative paints busi