Nippon Paint Holdings Co Stock News
The move for the Akzo unit follows an earlier attempt by Nippon Paint to buy the group as a whole and split it with Sherwin-Williams.
Nippon Paint has made multiple offers for Akzo Nobel's decorative paints business in the past month, including a proposal valuing the unit at about 7.5 billion euros ($8.55 billion) last week, Bloomberg News reported on Sunday, citing people familiar with the matter.
AkzoNobel shares were down 19% after Nippon Paint and Sherwin-Williams ended their pursuit of the company.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.
