Akzo Nobel Buys Malaysia's Colourland Paints -- Deal Digest
November 01 2018 - 5:34AM
Dow Jones News
By Adria Calatayud
ACQUIRER: Akzo Nobel NV (AKZA.AE), a Netherlands-based paint
maker.
TARGET: Malaysian paints and coatings manufacturer Colourland
Paints Sdn Bhd and Colourland Paints (Marketing) Sdn Bhd.
PRICE: Undisclosed.
RATIONALE: The acquisition strengthens the company's business in
Asia and expands its product offering and distribution network,
Akzo Nobel said.
Write to Adria Calatayud at
adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
November 01, 2018 05:19 ET (09:19 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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