14 June 2012 09:44 [Source: ICIS news]
SINGAPORE (ICIS)--Dutch producer AkzoNobel has completed its split from ICI Pakistan and started a formal sale to divest its 75.81% stake in the company, AkzoNobel said on Thursday.
Further details of the sale process were not immediately available.
ICI Pakistan’s business now comprises polyester fiber, soda ash, life sciences and chemicals, according to AkzoNobel.
ICI Pakistan had been a subsidiary of AkzoNobel since 2008, when the Dutch company acquired Imperial Chemical Industries.
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