NewsFlashAkzo Nobel agrees Crown Paints sale

19 August 2008 17:36  [Source: ICIS news]

LONDON (ICIS news)--AkzoNobel has agreed to sell its Crown Paints business in the UK and Ireland to a private equity firm and two Belgian brands to a French coatings producer, it said on Tuesday.

 

The divestments were part of a commitment package agreed with the European Commission following the Dutch company’s acquisition of ICI in January, Akzo Nobel said in a statement.

By: Graeme Paterson
+44 20 8652 3214

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