Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Akzo Sees Synergies In ICI Acquisition

October 8, 2007 | A version of this story appeared in Volume 85, Issue 41

Akzo Nobel managers estimate that operating cost savings and other synergies from their acquisition of ICI's paints business will total nearly $3.5 billion, after implementation costs. In a shareholder circular, the company confirmed that it intends to find a new owner for ICI's specialty starches business, while retaining ICI's specialty polymers business. Akzo Nobel expects to wrap up the $16 billion purchase by Jan. 2, 2008. Akzo's $15 billion sale of its Organon BioSciences unit to Schering-Plough should be completed no later than the end of this year.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.