|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||24.30|
|Forward Dividend & Yield||0.67 (2.05%)|
|1y Target Est||36.54|
For investors with a long-term horizon, assessing earnings trend over time and against industry benchmarks is more valuable than looking at a single earnings announcement in one point in time.Read More...
The other consortium partners, including U.S. private-equity firm Apollo Global Management LLC and Dutch fund PGGM, are still in the running.
By Arno Schuetze, Pamela Barbaglia and Joshua Franklin FRANKFURT/LONDON/NEW YORK (Reuters) - Germany's Lanxess (LXSG.DE) has dropped out of a consortium bidding for Akzo Nobel's (AKZO.AS) speciality chemicals ...
FRANKFURT/LONDON/NEW YORK, March 16 (Reuters) - Germany's Lanxess has dropped out of a consortium bidding for Akzo Nobel's speciality chemicals business, two people close to the matter said. U.S. private equity firm Apollo and consortium partner Dutch fund PGGM remain in the running, the sources said.
FRANKFURT/LONDON/NEW YORK, March 16 (Reuters) - Germany's Lanxess has dropped out of a consortium that includes U.S. private equity firm Apollo in the bidding war for Dulux paint maker Akzo Nobel's specialty chemicals business, two people close to the matter said. Other bidders are also still in the running, including private equity firm Carlyle, Dutch investor Hal Investments, and a team-up of Advent and Bain, the sources said.
Dutch paints and coatings maker Akzo Nobel expects rising raw materials costs and adverse currency effects to continue in 2018, it said on Thursday. Akzo also said it was still on track for the separation of its speciality chemicals division by next month, with four binding bids expected in the coming weeks, while also preparing a demerger via a stock listing. "Of course value is an important factor, but by no means the only factor," Chief Executive Thierry Vanlancker told reporters.
Akzo Nobel said its net profit for 2017 fell 14%, and that the planned split of its specialty chemicals division is on track to be completed by April.
Dutch paints and coatings maker Akzo Nobel on Thursday said it expects rising raw material costs and adverse currency effects to remain headwinds in 2018, as the company plans to increase prices and cut ...
March 8, 2018 Akzo Nobel N.V. publishes results for the full-year and the fourth quarter 2017 (AKZA; AKZOY) Akzo Nobel N.V. (continuing and discontinued operations) : On track to create two focused, high ...
AMSTERDAM (Reuters) - Akzo Nobel has nominated Nils Smedegaard Andersen to become chairman of its supervisory board subject to approval by its annual shareholders meeting in April, the Dutch paints and ...
March 5, 2018 Akzo Nobel N.V. (AKZA.AS; AKZOY) AkzoNobel today announces the nomination of Nils Smedegaard Andersen as member of the Supervisory Board with the intention to elect him as Chairman following ...
Reports of PGGM’s involvement in Apollo Global Management’s bid for Akzo Nobel’s specialty-chemicals business could bolster the overture.
A consortium led by U.S. private equity firm Apollo that is seeking to buy the chemicals division of Dulux paintmaker Akzo Nobel (AKZO.AS) has added a Dutch pension firm to its team, the Financial Times reported on Monday. According to the FT report, PGGM, which oversees 200 billion euros (176.96 billion pounds) on behalf of workers in the Dutch healthcare sector, has joined with Apollo and chemicals company Lanxess (LXSG.DE). Akzo has set an April deadline to sell or spin off the chemicals operations, which account for a third of company sales and earnings and is valued at roughly 9 billion euros.
Akzo Nobel said it expects full-year Ebit growth of 1.5%, adding that its transformation into a paints and coatings company was progressing well.
February 8, 2018 AkzoNobel today announces preliminary, unaudited, financial results for full-year 2017. The internal separation of the Specialty Chemicals business is complete. A full separation of Specialty ...
Tweedy Browne sold its stake in Dutch paintmaker Akzo Nobel during the fourth quarter last year after being a shareholder for 25 years, as it has lost confidence in the company, the British investor said in its quarterly report. Tweedy Browne joined other disgruntled shareholders last year in an unsuccessful court case against Akzo Nobel, as the company refused to enter into talks over a possible takeover by American rivals PPG Industries. After fending off PPG's unwanted interest, Akzo launched a failed attempt to buy U.S. coatings company Axalta at a price which Tweedy Browne said was too high.
Five banks have lined up approximately €7 billion-equivalent (6.13 billion pounds) of debt financing that will be offered to buyers in a potential sale of Akzo Nobel's (AKZO.AS) chemicals business, banking sources said. Bank of America Merrill Lynch, HSBC, JP Morgan, Natwest and Societe Generale are offering a staple financing to potential buyers that equates to 6.25 times the division’s approximate €1bn Ebitda, the sources said. The staple financing comprises just over €6bn-equivalent of funded debt and around €1bn of undrawn facilities, the sources said.
Akzo Nobel NV narrowed the list of bidders for its chemical division to four, with the team of Lanxess AG and private equity firm Apollo Global among those making the grade, people with knowledge of the ...
Dutch engineering company Arcadis NV and Akzo Nobel said on Wednesday that Arcadis Chief Financial Officer (CFO) Renier Vree has resigned to take up the same role at AkzoNobel Specialty Chemicals . Vree arrives as the maker of Dulux paint is in the process of spinning off the 10 billion euro ($12 billion) Speciality Chemicals division in a bid to create value for shareholders following its rejection of a takeover offer from rival PPG Industries.
January 3, 2018 AkzoNobel has appointed Renier Vree as Chief Financial Officer of its Specialty Chemicals business, effective March 1, 2018. Vree has spent the last eight years at Arcadis N.V., where ...
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Akzo Nobel NV with the following peers – Sherwin-Williams Company, PPG Industries, Inc., RPM International Inc., FMC Corporation and Huntsman Corporation (SHW-US, PPG-US, RPM-US, FMC-US and HUN-US). Akzo Nobel NV’s dividend yield is 6.56 percent and its dividend payout is 44.39 percent. This compares to ... Read more (Read more...)