Sherwin-Williams and Nippon Paint Group confirm joint proposal to acquire AkzoNobel (AKZOY)
[출처/시간] Briefing.com - 10:47 AM ET, 05/27/2026 Nippon Paint Group and Sherwin-Williams expressed to the Boards of AkzoNobel their desire to enter into constructive discussions with AkzoNobel about the Joint Proposal, but AkzoNobel informed Nippon Paint Group and Sherwin-Williams that its Boards rejected the Joint Proposal.In light of this decision, Nippon Paint Group and Sherwin-Williams are considering their next steps if any.The Joint Proposal
[출처/시간] Briefing.com - 10:47 AM ET, 05/27/2026
Nippon Paint Group and Sherwin-Williams expressed to the Boards of AkzoNobel their desire to enter into constructive discussions with AkzoNobel about the Joint Proposal, but AkzoNobel informed Nippon Paint Group and Sherwin-Williams that its Boards rejected the Joint Proposal.In light of this decision, Nippon Paint Group and Sherwin-Williams are considering their next steps if any.The Joint Proposal envisages the acquisition of AkzoNobel's Decorative Paints and Industrial Coatings business by Nippon Paint Group and the acquisition of AkzoNobel's Marine & Protective Coatings, Automotive & Specialty Coatings and Powder Coatings businesses by Sherwin-Williams.
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