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Boards do not believe it is in the best interest of AkzoNobel’s stakeholders, including shareholders, customers and employees
March 22, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
AkzoNobel has rejected a second unsolicited, non-binding and conditional proposal of March 20, 2017 from PPG Industries Inc. for all of the issued and outstanding ordinary shares in the capital of AkzoNobel. The proposal not only fails to reflect the current and future value of AkzoNobel, it also neglects to address the significant uncertainties and risks for shareholders and other stakeholders. The Management Board and Supervisory Board of AkzoNobel, together with their financial and le...
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