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AkzoNobel Rejects Nippon Paint Bid, Reaffirms Commitment to Axalta Merger

AkzoNobel Rejects Nippon Paint Bid, Reaffirms Commitment to Axalta Merger

by Annie Dameworth | Jul 14, 2026 | Industry News

AkzoNobel announced it has received multiple conditional and non-binding proposals from Nippon Paint Holdings Co. (“Nippon Paint”) regarding the potential acquisition of AkzoNobel’s Decorative Paints business at an indicative enterprise valuation of €7.5 billion, or...

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