AkzoNobel could sell unit to Nippon Paint for over $1 billion, FT reports
FILE PHOTO: Cans of Dulux paint, an AkzoNobel brand, are seen on the shelf of a DIY retail store in Manchester, Britain, June 14, 2024. REUTERS/Phil Noble/File Photo
Oct 4 : AkzoNobel is nearing a deal to sell its south-east Asian decorative paints business to Nippon Paint for well over $1 billion, the Financial Times reported on Sunday citing people familiar with the matter.
Reuters could not immediately verify the FT report.