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Latest Financial News for AKZOF

Private Equity Fights Over the Most Popular Deal In Town
Posted on Monday February 12, 2018

$12 billion Akzo auction is a test of buyout firm restraint.

Apollo joins forces with Dutch fund PGGM in bid for Akzo chemicals - FT
Posted on Monday February 12, 2018

A consortium led by U.S. private equity firm Apollo that is seeking to buy the chemicals division of Dulux paintmaker Akzo Nobel (AKZO.AS) has added a Dutch pension firm to its team, the Financial Times reported on Monday. According to the FT report, PGGM, which oversees 200 billion euros (176.96 billion pounds) on behalf of workers in the Dutch healthcare sector, has joined with Apollo and chemicals company Lanxess (LXSG.DE). Akzo has set an April deadline to sell or spin off the chemicals operations, which account for a third of company sales and earnings and is valued at roughly 9 billion euros.

[$$] Apollo joins PGGM in bid for Akzo Nobel unit
Posted on Monday February 12, 2018

US private equity group Apollo has teamed up with one of the Netherlands’ largest pension funds as co-investors to buy a piece of Akzo Nobel’s business as it looks to position itself as a viable Dutch ...

[$$] Akzo Nobel Forecasts Profit Growth
Posted on Wednesday February 07, 2018

Akzo Nobel said it expects full-year Ebit growth of 1.5%, adding that its transformation into a paints and coatings company was progressing well.

Global Wood Coatings Market is Expected to grow at CAGR of 6.9% during 2017-2025
The Financial - Jan 9, 2018
The key players present in this market are Akzo Nobel N.V., The Sherwin-Williams Company and Valspar Corporation among others.

Akzo Nobel sees earningstick-up; upbeat on shift
MarketWatch - Feb 8, 2018
Akzo Nobel NV AKZA said on Thursday that it expects full-year earnings before interest and taxes to grow 1.5%, and that its transformation into a paints and coatings company was progressing well.
Akzo Nobel Sees Higher EBIT, Revenues In FY17; Backs 2020 Outlook - Quick Facts - Markets Insider
Akzo Nobel (OTCMKTS:AKZOY) Downgraded by Zacks Investment Research to Hold - The Lincolnian Online

Akzo Nobel sells speciality chemicals business for Rs 320 cr
Hindu Business Line - Feb 16, 2018
“The total consideration to be received from this sale will be Rs 320 crore, subject to adjustment for working capital and for an economic effective date of January 1 2018,” the company had said in a statement.

AkzoNobel India Inaugurates Powder Coatings Facility in Mumbai
Business Wire India (press release) - Feb 15, 2018
AkzoNobel India has been present in India for over 60 years and is a significant player in the paints industry. In 2008, the company became a member of the AkzoNobel Group. With employee strength of close to 1,900, AkzoNobel India has manufacturing ...
AkzoNobel unveils Rs 65 crore powder coatings facility in Thane -

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