Head Topics

AkzoNobel proposes $1.69 billion Tikkurila bid

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Akzo Nobel NV said Monday that it has proposed acquiring Finland's Tikkurila Oyj for 1.4 billion euros ($1.69 billion), topping an offer from New York-listed PPG Industries. The Dutch paints and coatings company said the proposal includes an all-cash public offer at EUR31.25 a share. The price represents a premium of 113% of the Finnish paint manufacturer's undisturbed three-month volume weighted average share price and is higher than the competing offer made by PPG on Jan.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How are things with the capitol now?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.