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Japan's Nippon Paint to buy Akzo Nobel APAC assets for $1.35bn

( October 5, 2026, 01:50 GMT | Official Statement) -- MLex Summary: Nippon Paint Holdings, a publicly listed Japanese paint and coatings company, said on Monday that it agreed to acquire Akzo Nobel’s decorative paints businesses in seven Asia-Pacific markets for $1.35 billion. The acquisitions and business transfers cover Vietnam, Indonesia, Malaysia, Singapore, Thailand, Australia and Papua New Guinea, and are expected to close fully by mid-2027. Statement is attached....

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