Brief: AkzoNobel To Separate Powder Coatings Business From Its Indian Unit
Feb 24 (Reuters) - Akzo Nobel NV AKZO.AS :
* TO SEPARATE POWDER COATINGS BUSINESS FROM ITS INDIAN
SUBSIDIARY
* MADE OFFER TO ACQUIRE POWDER COATINGS OPERATIONS,
INTERNATIONAL
RESEARCH CENTER FROM AKZO NOBEL INDIA LIMITED
* AKZONOBEL INDIA WILL SEEK ITS SHAREHOLDERS' APPROVAL IN
COMING
WEEKS, WITH VOTING PROCESS EXPECTED TO CONCLUDE ONE MONTH LATER
* BOARD OF DIRECTORS OF AKZONOBEL INDIA HAS ACCEPTED
AKZONOBEL'S
OFFER
Further company coverage: AKZO.AS
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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