|Bid||58.50 x 5000|
|Ask||60.80 x 12300|
|Day's range||77.03 - 77.90|
|52-week range||56.80 - 83.09|
|PE ratio (TTM)||20.52|
|Forward dividend & yield||1.82 (1.97%)|
|1y target est||79.13|
Dutch Prime Minister Mark Rutte on Wednesday returned to parliament for the second time in a week to defend a tax cut that benefits Anglo-Dutch multinationals and British equity investors in general. Rutte's unexpected decision to scrap the 15 percent dividend withholding tax has fed into a mood of public resentment at large companies widely perceived as being taxed too lightly. Populist lawmaker Geert Wilders loudly questioned why the Dutch should approve a measure that benefits foreigners.
The new Dutch government came under fire in parliament on Thursday for scrapping a 15 percent dividend withholding tax, after a national broadcaster NOS said Shell (LSE: RDSB.L - news) , Unilever (NYSE: UL - news) , Akzo Nobel (Amsterdam: AKZA.AS - news) and Philips (Amsterdam: PHIA.AS - news) had lobbied for the change. Shell confirmed to Reuters it had sought the change, while Philips denied it.
November 6, 2017 Akzo Nobel N.V. (AKZA; AKZOY) AkzoNobel announces that it has launched a €500 million floating rate note (FRN) at attractive terms, with a two-year maturity. The new issue allows AkzoNobel ...
On October 30, 2017, Axalta (AXTA) and AkzoNobel confirmed that they are engaged in talks about a possible merger involving Axalta and Akzo's paints and coatings business.
Spanish equities rebounded on Monday, reassured by weekend demonstrations for a unified Spain and a poll lead for parties opposed to Catalan independence. Spain's IBEX benchmark outperformed a 0.1-percent ...
AMSTERDAM/FRANKFURT (Reuters) - Dutch paints maker Akzo Nobel, seeking to recover after rejecting a takeover offer and issuing two profit warnings, is discussing a merger with smaller U.S. rival Axalta Coating Systems Ltd to create a $30 billion company. Akzo, the maker of Dulux paint, said on Monday it was in "constructive talks" about a "merger of equals" in what would be the first major deal by Chief Executive Thierry Vanlancker, who took over in July after Akzo spurned a 26 billion euro ($30.2 billion) offer from U.S. rival PPG Industries. Reuters reported on Friday that Akzo had approached Axalta about a possible merger, sending Axalta's shares 17 percent higher.
Dutch paints maker Akzo Nobel, under pressure after rejecting a lucrative takeover offer and two profit warnings, has confirmed merger talks with smaller U.S. rival Axalta Coating Systems Ltd to create a $30 billion company. Akzo, the maker of Dulux paint, announced it was in "constructive talks" about a "merger of equals" in what would be the first major deal by Chief Executive Thierry Vanlancker, who took over in July after Akzo spurned a 26 billion euro ($30.2 billion) takeover offer from U.S. rival PPG Industries. Reuters reported on Friday that Akzo had approached Axalta about a possible merger, sending Axalta's shares 17 percent higher.
Formed in 1994 from the merger of the Dutch and Swedish firms Akzo and Nobel, Amsterdam-based AkzoNobel has a 46,000-strong workforce
THE HAGUE, Netherlands (AP) — Dutch chemicals and paints maker AkzoNobel is in "constructive" talks about a possible merger of its Paints and Coatings business with U.S.-based Axalta.
Akzo Nobel and U.S. rival Axalta Coating Systems are considering a possible merger of equals that would create a multibillion-dollar coating and paints giant, according to a person familiar with the matter....
Akzo Nobel NV is considering a merger with U.S. rival Axalta Coating Systems Ltd. in a bid to keep the embattled Dutch paintmaker independent and create a transatlantic specialty coatings giant.
FRANKFURT/NEW YORK (Reuters) - Dutch paints and coatings giant Akzo Nobel NV (AKZO.AS) has approached U.S. rival Axalta Coating Systems Ltd (AXTA.N) to discuss a possible merger that would create a global coatings giant, according to sources familiar with the matter. Akzo Nobel's move indicates that its new CEO Thierry Vanlancker is continuing to look for big deals as a way to buttress the company, after it managed to fend off a takeover approach by PPG Industries (PPG.N) earlier this year. Philadelphia-based Axalta is in the early stages of considering a deal with Akzo Nobel, and there is no certainty that the two companies will agree to a merger, one of the sources said on Friday.
British universities pension scheme fund manager USS said on Thursday it planned to withdraw a proposal to nominate Eric Meurice as a supervisory board member of Dutch paints and coatings giant Akzo Nobel (AKZO.AS). Last week Akzo's supervisory board said it did not support the proposal to appoint Meurice, the former chief executive of Dutch semiconductor equipment maker ASML (ASML.AS). Akzo therefore wanted shareholders to choose between Meurice and its own nominee, German plastics producer Covestro's (1COV.DE) chief executive, Patrick Thomas.
Dealmaking activity helped European shares inch higher on Wednesday as the focus turned to a flurry of third-quarter company earning updates. Spanish road toll operator Abertis soared to a record high ...
Paint maker Akzo Nobel (AKZO.AS) warned its operating profit would not grow at all this year, in a further retreat from performance promises made to investors to fend off a 26-billion-euro (£23.2 billion) takeover approach in May. The Dutch company blamed the downgrade in full-year earnings forecasts, the second in two months, on disruption caused by hurricane Harvey, rising raw materials costs and "headwinds" at its marine coatings business as the offshore oil industry remains weak. The maker of Dulux paint insisted on Wednesday it would meet other promises made during its defence against suitor PPG Industries (PPG.N), including the sale or IPO of its Specialty Chemicals Division by early next year and the payment of a one-time dividend of 1 billion euros on Dec. 7.
THE HAGUE, Netherlands (AP) — Dutch paints and chemicals company AkzoNobel says its net profit fell by 24 percent in the third quarter to 216 million euros ($254 million) as higher raw material costs and unfavorable exchange rates canceled out a slight rise in revenue.
October 18, 2017 Akzo Nobel N.V. (AKZA.AS; AKZOY) AkzoNobel today announces an Extraordinary General Meeting (EGM) to be held on November 30, 2017. The agenda includes: The proposal to appoint Mr. Maarten ...
October 18, 2017 Akzo Nobel N.V. (AKZA.AS; AKZOY) AkzoNobel announces today the nomination of a new Supervisory Board member; Mr. Michiel Jaski, following an extensive search process. This follows the ...
A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Societe Generale downgrades Akzo Nobel to "hold", as it remains unconvinced by the 2020 targets used ...
Among the features of yesterday's press conference by European Central Bank chief Mario Draghi were repeated questions by German journalists about the negative side-effects of the bank's stimulus programme, which it is now clear the ECB wants to wind down as gradually as it can. Draghi was adamant he saw absolutely no evidence of any such harm, but now the head of Germany's foremost economic institute, Ifo, is warning of a return to the euro crisis if the ECB does not change course soon. The debate is likely to develop today with a host of ECBers, including the Bundesbank's Jens Weidmann, scheduled to speak.