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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

August 8, 2007

ICI Rejects Revised Offer from Akzo; Counter Bids May Emerge

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...

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