AkzoNobel (AKZOY.PK) announced the signing of an agreement with The Dow Chemical Co (DOW) to acquire its powder coatings activities. Financial details were not disclosed.
The powder coatings activities were purchased by Dow earlier this year as part of its acquisition of Rohm & Haas.
The transaction is expected to close during the second quarter of 2010.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.