IHS Chemical Week

People & Business :: Companies

ICI Rejects Revised Offer from Akzo; Counter Bids May Emerge

1:17 PM MDT | August 20, 2007 | Ian Young

ICI has rejected a revised, preliminary takeover bid from Akzo Nobel that values ICI at £7.8 billion ($15.8 billion). Akzo had not announced by CW’s press time whether it would increase its offer or launch a hostile bid for ICI. Counter bids for ICI could also emerge—including possible offers from BASF, Dow Chemical, or DuPont—reports say. Akzo, meanwhile, has agreed to sell two ICI businesses to Henkel, if Akzo succeeds in buying ICI. McAdam: ‘Cordial and professional’ talks. ICI says that Akzo’s revised proposal of...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa