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The Economic Times

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Nippon Paint offers $8.6 billion for AkzoNobel unit, Bloomberg News reports

Nippon Paint has reportedly made new offers for AkzoNobel's decorative paints unit. The latest proposal values the business at approximately seven point five billion euros. AkzoNobel's management has not engaged with Nippon Paint regarding this offer. Instead, AkzoNobel is proceeding with a planned merger with Axalta. Paint companies are seeking mergers to manage rising costs and competition.

13 Jul 2026 6:55 am