Jan 18, 2021ACQUISITIONFinland Akzo Nobel bids €1.4 billion to acquire Tikkurila
Dutch paints and coatings maker Akzo Nobel made a €1.4 billion offer to acquire Finnish peer Tikkurila at €31.25 per share, topping PPG's bid. Akzo Nobel plans to sell Tikkurila's Nordic and Baltic decorative paints business to Hempel after closing.
Productspaintscoatings
“This is a very rational bid.”financialpost.com
- 2 sources
- financialpost.comAkzo Nobel enters race to buy Finland's Tikkurila, tops PPG bid - Financial PostJan 18, 2021
- arvopaperi.fiTikkurila has received a binding proposal from Akzo Nobel to acquire all shares of Tikkurila, subject to the Board of Tikkurila recommending the offer and Oras Invest undertaking to accept the offer | ArvopaperiJan 28, 2021
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