Monday, 5 October 2026Updated 14m ago
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Nippon Paint to buy AkzoNobel’s Southeast Asian decorative paints business for $1.35 billion

4 sources · first seen 05:29 5 Oct · updated 07:18 5 Oct

The brief

Written from 4 reports · check the source before you trade
  • The proposed transaction is valued at $1.35 billion
  • AkzoNobel expects about $1 billion in net cash proceeds after tax and minority-partner payments

Read the reports

4 reports · earliest 05:29
ReutersAkzoNobel to sell Southeast Asia paints business to Nippon Paint for $1.35 billion05:29Business LineNippon Paint to acquire AkzoNobel’s Southeast Asian decorative paints business for $1.35 billion06:44Economic TimesDulux paint maker AkzoNobel to sell Southeast Asian unit to Nippon Paint for over $1 bn07:10MoneycontrolNippon Paint to buy Akzo’s Southeast Asia unit for $1.35 billion07:18