Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions July 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Monday:
** AkzoNobel AKZO.AS has received multiple proposals from Nippon Paint 4612.T to buy its decorative paints business, valuing the business at €7.5 billion ($8.55 billion), it said, a month after Nippon Paint withdrew an offer to buy the whole firm along with U.S.-based Sherwin-Williams SHW.N for €12.5 billion.
nL6N43F003
** Australian gold producer Regis Resources RRL.AX said that it will not submit a counterproposal to match an A$5.6 billion ($3.88 billion) bid from Genesis Minerals GMD.AX to buy Vault Minerals VAU.AX.
nL4N43E03T
(Compiled by Rajarshi Roy and Dharna Bafna in Bengaluru)
Recent news on Akzo Nobel NV
See all newsAkzoNobel, Axalta get week to address UK regulator concerns over $25 billion merger (updated)
Brief: Akzo Nobel NV & Axalta Considering UK CMA Phase 1 Decision Regarding Proposed Merger
Brief: UK's CMA Says AkzoNobel/Axalta Deal May Lessen Competition Within A Market Or Markets In UK
AkzoNobel and Axalta's $25 billion merger may weaken UK competition, watchdog says
Competition and Mkts - Merger Update: AkzoNobel / Axalta