A TIMELINE OF TURMOIL

MARCH 20: US giant PPG makes a £18.9bn offer for Dulux maker Akzo Nobel MARCH 22: PPG makes its second offer, of £19.5bn MARCH 23: US hedge fund Elliott demands takeover talks

APRIL 24: PPG makes a third offer for Akzo Nobel, this time of £21bn JUNE 1: PPG finally admits defeat in the takeover battle OCTOBER 30: Akzo reveals a £23bn merger with Axalta