AkzoNobel Rejects Bid
AkzoNobel rejects takeover bid, shares rise
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AkzoNobel jumps 16%
AkzoNobel rejects Nippon-Sherwin bid, shares rise. Bid was valued at €73 per share.
AkzoNobel Rejects Takeover
AkzoNobel rejects bid from Nippon Paint and Sherwin-Williams, citing undervaluation. Deal would have been a major consolidation in the paint industry.