AkzoNobel NV said Monday that Nippon Paint is still interested in acquiring its decorative paints business for €7.5 billion ($8.6 billion) after the owner of Dulux brand rejected an earlier joint takeover attempt from the Japanese rival and another company worth €12.5 billion.
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TOP NEWS

AkzoNobel Rejects Nippon Paint's €7.5B Bid For Paint Unit

By Dawood Fakhir

AkzoNobel NV said Monday that Nippon Paint is still interested in acquiring its decorative paints business for €7.5 billion ($8.6 billion) after the owner of Dulux brand rejected an earlier joint takeover attempt from the Japanese rival and another company worth €12.5 billion.

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DLA Piper Steers Engineer's UK Pension Plan Buy-In

By Tom Fish

The U.K. pension plan of global engineering consultancy Stantec has completed a full insurance buy-in, securing the retirement benefits of all 680 members, a financial adviser said on Monday.

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Marine Insurers Get Backing For Thomas Miller Takeover

By Joel Poultney

Two marine insurers in merger talks said Monday that 89% of shareholders in Thomas Miller Holdings have accepted their joint takeover offer, with the acquisition of the holding company expected to close in the fourth quarter of 2026.

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DEALS

Marketing Co. Rejects £43M Approach From Rival Brave Bison

By Tom Fish

U.K. marketing group System1 said Monday it has rejected an unsolicited £43.1 million ($57.7 million) takeover approach by its rival Brave Bison, arguing that it significantly undervalues the business.

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Brief

Helix Exploration Closes $11M Purchase Of Helium Facility

By Irene Madongo

Helix Exploration said Monday it has completed the acquisition of a helium liquefaction facility in Oklahoma in an $11 million cash and shares deal.

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