AkzoNobel brushes off another PPG offer

THE HAGUE:

The world’s top paint and coatings maker AkzoNobel said Wednesday it had rejected a second unsolicited buyout offer from its US rival PPG Industries. fails to recognise value of AkzoNobel and

“We are convinced that AkzoNobel is best placed to unlock the value within our company ourselves,” said chief executive Ton Buechner.

AkzoNobel said merging the top two paint and coatings companies carried sig-