Akzo looking at acquisitions, including ICI

Linville, Jeff
July 2007
Furniture/Today;7/2/2007, Vol. 31 Issue 42, p42
Trade Publication
The article reports on the notion that the worldwide wood coatings industry may have a varied lineup in the future, as Akzo Nobel continues seeking to expand its reach. According to the author, in just a few weeks after announcing plans to buy Chemcraft for an undisclosed amount, the company made an offer of over $14.2 billion for British paint maker Imperial Chemical Industries. Imperial declined in the bid, but analysts say that it is part of a negotiating ploy to get a higher price.


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