Dulux Paint Maker Turns Down Second Takeover Bid
The Dutch maker of Dulux paint has rejected a second takeover offer from a US rival. Paints and coatings maker AkzoNobel turned down PPG Industries, saying an improved 22.4bn-euro (£19.3bn) offer was too low and risky. Dutch politicians had publicly opposed PPG’s first proposal, saying it was not in the interests of the country. Akzo’s … Read more