Monday, August 6, 2007

ICI opens books to Akzo after raised $16.3 bln bid

(Reuters) - ICI, the maker of Dulux paints, said the new proposal was 670 pence a share in cash, up from the 650 pence a share it rejected last week.




"The board of ICI has agreed that Akzo can undertake certain limited due diligence, which ICI expects to be completed within a few days," it said in a statement.


Read more at Reuters.com Business News

No comments: