1. PPG Says Paint's Not Dry on $24B Akzo Nobel Bid

    PPG Says Paint's Not Dry on $24B Akzo Nobel Bid

    A $24 billion, trans-Atlantic standoff between two of the world's biggest paint makers -- and two of its oldest companies -- is heating up. PPG Industries Inc. Chief Executive Michael McGarry said the Pittsburgh-based paint giant isn't ruling out a sweetened offer, or a hostile takeover, in its so-far spurned efforts to buy Dutch rival Akzo Nobel NV. "We're not taking any options off the table," Mr. McGarry said in an interview Wednesday...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Question of The Week, Sponsored Content

    1. We're not taking any options off the table.
    2. In regards to whether we would do any higher offer, the bottom line is the parties need to get together in a private, collaborative, substantive manner.
    3. It's not our job to advise on how an unsolicited offer should be improved in any way.
  3. Topics Mentioned

  4. Authors