Brief: Akzo Nobel NV Akzonobel To Sell Decorative Paints South East Asia Business To Nippon Paint For $1.35 Billion
BRIEF-Akzo Nobel NV Akzonobel To Sell Decorative Paints South East Asia Business To Nippon Paint For $1.35 Billion Oct 4 (Reuters) - Akzo NobelAKZO.AS:
AKZO NOBEL NV: AKZONOBEL TO SELL DECORATIVE PAINTS SOUTH EAST ASIA BUSINESS TO NIPPON PAINT FOR $1.35 BILLION
AKZO NOBEL NV: NET CASH PROCEEDS, AFTER TAXES AND MINORITY PARTNERS, ARE EXPECTED TO BE APPROXIMATELY $1 BILLION (EUR 0.9 BILLION)
AKZONOBEL: AGREEMENTS ENCOMPASS CO'S PAINTS BUSINESS IN 7 COUNTRIES: VIETNAM, INDONESIA, MALAYSIA, THAILAND, SINGAPORE, PAPUA NEW GUINEA, AUSTRALIA
Source text: [ID:https://tinyurl.com/yjpx3su6]
Further company coverage: 4612.T
((Reuters.Briefs@thomsonreuters.com;))
Recent news on NIPPON PAINT HOLDINGS
See all newsJapan to simulate cyberattacks as PHP flaws roil global internet (updated)
Japan to simulate cyberattacks as PHP flaws roil global internet
Sale of Southeast Asia paints biz lifts AkzoNobel shares
Press Digest: Financial Times - October 5
Brief: Akzo Nobel NV Akzonobel To Sell Decorative Paints South East Asia Business To Nippon Paint For $1.35 Billion