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Sold for an enterprise value of €10.1 billion.
October 2, 2018
By: Anthony Locicero
Copy editor, New York Post
Akzo Nobel N.V. completed the sale of the Specialty Chemicals business to The Carlyle Group and GIC for an enterprise value of €10.1 billion. “[This] is a key milestone in the history of AkzoNobel, creating a focused paints and coatings company, with market-leading positions, strong global brands, and a clear strategy to create value for all our stakeholders,” AkzoNobel CEO Thierry Vanlacker said. “Specialty Chemicals has a strong global presence and a talented and dedicated team and I...
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