Volume 95 Issue 20 | p. 14 | News of The Week
Issue Date: May 15, 2017 | Web Date: May 11, 2017

PPG says AkzoNobel didn’t give its third bid a fair hearing

Paint maker is joined by AkzoNobel’s own shareholders, who want the firm to negotiate
Department: Business
Keywords: mergers & acquisitions, AkzoNobel, PPG, paint

Paint giant PPG Industries is weighing its options now that AkzoNobel has rejected its third takeover proposal. PPG hasn’t said whether it will pursue a hostile bid—no easy task when a Dutch firm is the target. But it is open to further talks with AkzoNobel’s management.

On May 8, AkzoNobel rejected PPG’s latest acquisition . . .

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