IHS Chemical Week

Markets :: Specialty Chemicals :: Paints and Coatings

Akzo Completes ICI Acquisition

6:01 AM MST | January 2, 2008 |

Alex Scott

Akzo Nobel says it has completed the acquisition of ICI. ICI shares will be cancelled and will cease to be admitted for trading on the London Stock Exchange (LSE; London) from 8 am U.K. time on January 3. ICI shares were already de-listed from LSE on December 19. Under the terms offered by Akzo, ICI shareholders are entitled to receive £6.7 ($13.3) for each ICI share held at the end of the day on December...

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