Akzo, ICI look forward

Gibson, Jane
December 2006
ICIS Chemical Business;12/4/2006, Vol. 1 Issue 46, p4
Trade Publication
The article reports on the plan of Azko Nobel to separate its pharmaceutical division, Organon, from its chemicals and coatings businesses during the first quarter of 2007. The spin-off could take the form of an initial public offering, and that Azko may use the cash generated to fund new acquisitions. Meanwhile, Imperial Chemical Industries is not worried that it will be a target for takeover following the sale of its Quest flavors and fragrances business.


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