Akzo Nobel Spinoff Of Specialty Chemicals Moving Forward After Settlement With Elliott Management

It’s been a rough year for Akzo Nobel(AKZOY).  First, Elliott Management got involved. The activist fund was pushing for a breakup of the Dutch chemicals company. However, when US rival PPG(PPG) showed up with an offer to buy the whole company, Elliott began pushing the offer over management’s resistance. AkzoNobel was successfully able to leverage Dutch protectionism to… Read More »