Akzo Nobel to buy BASF coatings for 475 million euros

February 17, 2016 12:18 PM

5 0

AMSTERDAM (Reuters) – Paint and coatings maker Akzo Nobel has agreed to buy BASF’s industrial coatings business for 475 million euros ($531 million) to strengthen its position in various markets.

The two companies had said on Feb. 11 they were in talks on a possible deal.

Also read: Verizon, Yahoo agree to lowered $4.48 billion deal

Read more

To category page

Loading...