Dulux under threat again as owner Akzo Nobel's takeover of US rival is stopped



Dulux owner Akzo Nobel again looks vulnerable to a takeover after plans to merge its paint business with a US rival fell through.
The paint maker’s talks with US rival Axalta collapsed after Japanese firm Nippon Paint made a bid for Axalta.
The planned £23billion tie-up would have boosted Dulux and deterred further unwelcome takeover offers.
But the collapse will raise fears US firm PPG might be back to Akzo with a fourth takeover offer next month.
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22 November 2017 in Business, Views: 84
Source: Daily Mail
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