ICI may see more green

Davis, Nigel
August 2007
ICIS Chemical Business;8/6/2007, Vol. 272 Issue 6, p32
Trade Publication
The article focuses on the efforts of Akzo Nobel NV to acquire ICI Corp. Akzo Nobel has raised its bid for ICI and the point is not lost on ICI's shareholders that Akzo Nobel needs ICI, if it is to grow strongly in the still highly fragmented global coatings business. Akzo Nobel is a big industrial coatings maker, while ICI is focused on decorative paints. Akzo Nobel's decorative business, Crown Paints brand, is largely the poor cousin of the Great Britain-based Dulux.


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