AkzoNobel could sell unit to Nippon Paint for over $1 billion, FT reports

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AkzoNobel could sell unit to Nippon Paint for over $1 billion, FT reports

AI Summary

AkzoNobel is reportedly nearing a sale of its Southeast Asian paints business to Nippon Paint for more than $1 billion. The report describes a potential major corporate divestment and acquisition in the coatings industry.

Markets Deals AkzoNobel Nippon Paint Southeast Asia paints divestment acquisition

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