Akzo Nobel Shares Rise After Nippon Paint Reoffers for Decorative Unit
Akzo Nobel shares climbed after reports that Nippon Paint tabled an offer worth up to $8.6 billion for the company's decorative paints division, which includes brands such as Dulux. The bid, valuing the unit at roughly 12 times 2026 EBITDA, reintroduces M&A-driven upside despite Akzo Nobel's board reiterating its commitment to a planned merger with…