AkzoNobel to Sell Unit to Nippon Paint for Over $1 Billion, FT Reports

3-line summary

• AkzoNobel is set to sell a unit to Nippon Paint for more than $1 billion, according to a Financial Times report relayed by Investing.com.
• This follows an earlier report that AkzoNobel was nearing the sale of its south-east Asian paints unit to Nippon Paint.

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