AkzoNobel Delivers On Commitment By Returning An Additional $6.3B (US) To Shareholders Following Specialty Chemicals Sale
In all, a total of €6.5 billion ($7.5 billion US) will have been distributed to shareholders, with AkzoNobel delivering on its commitment to return the vast majority of €7.5 billion net proceeds, from the separation of the Specialty Chemicals business.
AkzoNobel Specialty Chemicals Celebrates 10 Years At Ningbo Site
Since it was inaugurated, the site has grown to be the company’s largest site in China, employing more than 500 people.
AkzoNobel To Sell Specialty Chemicals To The Carlyle Group And GIC For Approximately $12.5B
This transaction creates two focused and high-performing businesses – Paints and Coatings, and Specialty Chemicals – as part of its strategy announced in April 2017.
