Nippon Paint makes €7.5 billion offer for AkzoNobel’s decorative paints unit
LONDON: In a bold move that could reshape the global coatings industry, Nippon Paint has confirmed it submitted a €7.5 billion ($8.55 billion) offer to acquire AkzoNobel’s decorative paints business. The unsolicited bid, announced Monday, comes just months after a much larger joint takeover attempt was rebuffed. The Japanese paint giant had previously teamed up with U.S.-based…