AkzoNobel Completes Divestment of Decorative Paints North America

AkzoNobel Completes Divestment of Decorative Paints North America 
AMSTERDAM, NETHERLANDS -- (Marketwire) -- 04/01/13 --  AkzoNobel has
today finalized the $1.05 billion sale of its North American
Decorative Paints business to US-based PPG Industries, Inc. The deal
was announced on December 14, 2012. 
AkzoNobel continues to have a strong presence in North America
through its Performance Coatings and Specialty Chemicals businesses,
with combined 2012 revenues of close to $3 billion and around 5,000
employees. 
AkzoNobel is a leading global paints and coatings company and a major
producer
of specialty chemicals. We supply industries and consumers
worldwide with innovative products and are passionate about
developing sustainable answers for
our customers. Our portfolio
includes well-known brands such as Dulux, Sikkens,
International and
Eka. Headquartered in Amsterdam, the Netherlands, we are consistently
ranked as one of the leaders in the area of sustainability.
With
operations in more than 80 countries, our 50,000 people around
the world are
committed to excellence and delivering Tomorrow's
Answers Today(TM). 
Pdf file AkzoNobel press release:
http://hugin.info/130660/R/1689293/554404.pdf 
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Source: Akzo Nobel NV via Thomson Reuters ONE [HUG#1689293] 
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