Akzo to Consider PPG’s Sweetened $29 Billion Takeover Offer

Akzo Nobel NV said it would consider PPG Industries Inc.’s new unsolicited 26.9 billion euros ($28.8 billion) takeover bid, which the U.S. rival extended with “one last invitation” for Europe’s largest coatings company to negotiate a deal.

PPG CEO McGarry Says Akzo Shareholders Support Deal Talks

The vast majority of Akzo Nobel NV’s top shareholders want the Dutch chemical maker to hold takeover talks with PPG Industries Inc., the U.S. company’s chief executive officer said.

Akzo CEO Said to Be Jolted Into Dealmaking to Fend Off PPG

Akzo Nobel NV Chief Executive Officer Ton Buechner, who is fending off a bid from U.S. rival PPG Industries Inc.

Akzo Mulls Breakup After Rejecting PPG’s $22 Billion Offer

Akzo Nobel NV, Europe’s largest coatings company, rejected an unsolicited 20.9 billion-euro ($22.1 billion) takeover bid from rival PPG Industries Inc. and said it may divest its specialty chemicals business to boost the stock price.

Paint maker Akzo Nobel Q4 weighed down by marine, energy markets

Core profit for Dutch paints maker Akzo Nobel NV fell short of estimates in the last three months of 2016 as the marine and energy sectors weighed, while restructuring costs also put pressure on results.