Akzo Nobel unveils plan to separate chemicals arm, pay special dividend

Apr 19, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

AMSTERDAM (Reuters) – Akzo Nobel , the Dutch paint maker trying to fend off a 24.6 billion euro ($26 billion) takeover by U.S. rival PPG Industries Inc , on Wednesday outlined an alternative plan to separate its chemicals business and pay shareholders 1.6 billion euros in extra dividends this year.