PPG to acquire North American AkzoNobel decorative paints

By Siobhan Lismore-Scott
Published: Friday, 14 December 2012

Acquisition more than doubles PPG North American architectural coatings presence

Paint producer PPG Industries has reached a definitive agreement to acquire the North American decorative paints business of AkzoNobel, NV, Amsterdam, in a deal valued at $1.05bn.


The transaction has been approved by the boards of directors of both companies and is expected to close in early second...

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