HALISTER: PPG Said to Prepare Second Bid for Akzo Nobel, FD Reports

PPG Said to Prepare Second Bid for Akzo Nobel, FD Reports

(Bloomberg) -- PPG Industries is preparing a second bid for Akzo Nobel, Het Financieele Dagblad reports, citing an unidentified PPG official Friday.
  • PPG’s statement, in which it says “to evaluate its position” following the rejection of its “attractive and comprehensive proposal,” indicates PPG won’t walk away, FD reports, citing the unidentified official
  • NOTE: March, 9, PPG’s Biggest Deal Proves Hardest as Akzo Spurns $22 Billion Bid

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
AKZA NA (Akzo Nobel NV)
PPG US (PPG Industries Inc)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283