Report
AkzoNobel reportedly nearing deal to sell Southeast Asian paints business to Nippon Paint for well over $1 billion
Reuters, citing the Financial Times, says the potential deal involves Dulux maker AkzoNobel’s decorative paints business.
TLDR
Reuters, citing the Financial Times, reports that AkzoNobel is nearing a deal to sell its Southeast Asian decorative paints business to Nippon Paint for well over $1 billion. The FT cited people familiar with the matter.
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