IHS Chemical Week

Chemical Week Magazine :: Newsbriefs

Management Plans Buyout of Akzo’s Crown Paints?

9:32 AM MDT | August 18, 2008 | Chemical Week Editorial Staff

Management has proposed a buyout of AkzoNobel’s Crown Paints for £70 million ($138 million), according to U.K. press reports. Howard Luft, Crown Paints managing director, and his senior management team have secured financial backing for the deal from private equity firm Endless Investments (Leeds, U.K.), which would take a majority stake in the business, reports say. However, Akzo tells CW that the potential deal is “pure speculation” and that it does not “have a deal yet.” The European Commission ruled last November that Akzo...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 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


contact us | about us | privacy policy | sitemap

ihsCopyright © 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