fbpx

Tuesday Ticker: PPG still wants AkzoNobel and Fenix may turn the corner

Michael McGarry, CEO of PPG, indicated at a press conference that PPG may make a hostile bid for AkzoNobel.

By Jeff Sanford Toronto, Ontario — April 3, 2017 — This week’s Tuesday Ticker brings you the latest updates on PPG’s attempted takeover of AkzoNobel, how AutoCanada’s stock took a tumble recently, why Tesla became more highly valued than Ford, and much, much more! – The attempt by PPG to take over Dutch paint maker […]

AkzoNobel spurns second offer from PPG

AkzoNobel’s corporate headquarters in Amsterdam. The company has recently rejected a second proposal from PPG.

Amsterdam, Netherlands — March 22, 2017 — AkzoNobel has rejected a second bid from PPG. This offer was significantly higher than the previous offer, about $24.19 billion USD as opposed to $22 billion. An official statement from AkzoNobel says the new proposal does not address the concerns expressed by AkzoNobel’s Boards in rejecting the initial […]

Days
Hours
Minutes
Seconds