# PPG makes third offer to acquire AkzoNobel for $28.8 billion

PPG Industries made a third offer to acquire AkzoNobel for $28.8 billion, a premium of about 50% over AkzoNobel's share price before the first bid. The offer includes conditions to protect pensions, jobs, and the Dutch headquarters.

- Type: Acquisition
- Announced: 2017-06-27
- Where: Netherlands
- Value: $28.8B
- Status: announced
- Products: paints and coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [PPG Industries](https://endata.com/companies/1219.md) (acquirer)
- [AkzoNobel](https://endata.com/companies/11242.md) (target)

## Sources

- [cen.acs.org](https://cen.acs.org/articles/95/i18/PPG-makes-third-lastoffer-buy.html), 2017-07-17: "PPG has made a third offer to acquire fellow paint producer AkzoNobel, this time for $28.8 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.