Nippon Paint to Acquire Dutch Firm's Decorative Paints Biz
Tokyo, Oct. 5 (Jiji Press)--Japan's Nippon Paint Holdings Co. said Monday it will acquire Dutch rival Akzo Nobel NV's decorative paints business in Southeast Asia and Oceania for about 1.35 billion dollars. The acquisition, covering Vietnam, Malaysia, Singapore, Indonesia, Thailand, Australia and Papua New Guinea, is expected to further strengthen Nippon Paint's business foundations across t...