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People & Business :: Companies

April 22, 2008

Akzo Raises ICI Synergy Target; Discontinues ICI Name

Kerri Walsh

Akzo Nobel has increased its estimated annual synergies target resulting from its acquisition of ICI by 20%, to €340 million. Akzo closed the ICI deal on January 2. “This breaks down as €180 million from decorative paints, €85 million from corporate...

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