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M&A Shows No Signs of Slowing; Emerging Regions Driving Growth

8:32 AM MDT | October 3, 2007 | Esther D’Amico

Henkel’s planned £2.7-billion ($5.5 billion) purchase of National Starch and Chemical’s adhesives and electronics materials businesses from Akzo Nobel is further proof that consolidation in the adhesives and sealants industry shows no signs of slowing, analysts say. The acquisition of National Starch, which is currently an ICI subsidiary, is scheduled to occur immediately after Akzo completes its proposed acquisition of ICI (CW, Aug. 15/22, p. 6). Most of what Henkel will be acquiring is adhesives, which will further solidify Henkel’s lead...

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