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Markets :: Specialty Chemicals :: Paints and Coatings
Akzo Confirms Cost Synergies from ICI Deal
3:25 AM MST | January 8, 2008 | Kerri Walsh
Akzo Nobel CEO Hans Wijers has confirmed that the company expects cost synergies of â‚¬280 million ($411.3 million) from its purchase of ICI for Â£8.1 billion ($16 billion). That deal closed on January 2. Akzo Nobel now operates around three business units: decorative paints, performance coatings, and specialty...
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