Nippon Paint Buys AkzoNobel SE Asia Unit for $1.35B
AkzoNobel has agreed with Nippon Paint to divest its decorative paints division in Southeast Asia for $1.35 billion (about 1.2 billion euros). The business will be divested in seven countries: Vietnam, Indonesia, Malaysia, Thailand, Singapore, Papua New Guinea and Australia. After making the necessary tax payments and deductions for
