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If 'friendly' offer is rejected, things could get ugly.
April 25, 2017
By: TOM BRANNA
Editor
Some folks just can't take no for an answer. After making a nearly $29 billion unsolicited bid for AkzoNobel, PPG's board said things could get hostile if the rival paint maker won't accept PPG's latest offer. For its part, AkzoNobel Chairman Antony Burgmans said his board will carefully review and consider the proposals together with its legal and financial advisers. “As you can imagine, such an analysis takes time,” he told shareholders today. “A...
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