 "AkzoNobel in talks to buy BASF's industrial coatings business")
Dutch specialty chemicals company AkzoNobel is holding talks to acquire BASF’s industrial coatings business. “AkzoNobel confirms it is in discussions with BASF with regards a potential purchase of their industrial coatings business,” said the company, without giving the details of nature of the talks.
The move is a part of AkzoNobel’s strategy to drive operational excellence and organic growth including the possibility to pursue value generating, bolt-on acquisitions.
