AkzoNobel to sell Specialty Chemicals to Carlyle and GIC for €10.1B

AkzoNobel announced the sale of its Specialty Chemicals business to The Carlyle Group and GIC for an enterprise value of €10.1 billion. The transaction is expected to close before the end of 2018.

“AkzoNobel today announces the sale of 100% of its Specialty Chemicals business to The Carlyle Group and GIC for an enterprise value of €10.1 billion.”akzonobel.com

• 11 sources
• akzonobel.comAkzoNobel to sell Specialty Chemicals to The Carlyle Group and GIC for €10.1 billion | AkzoNobelMar 27, 2018
• globenewswire.comAkzoNobel to sell Specialty Chemicals to The Carlyle GroupAkzoNobelMar 27, 2018
• wsj.comCarlyle-Led Consortium to Buy Akzo Nobel’s Chemicals Unit for $12.6 BillionBen DummettMar 27, 2018
• business-standard.comAkzo Nobel to sell chemical arm to Carlyle, Singapore's GIC for $12 billion | Company News - Business StandardReutersMar 27, 2018
• themiddlemarket.com

Summarized from public sources; check the original articles before acting on it.