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Akzo Nobel
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- 1Akzo Nobel Sells Southeast Asia Decorative Paints Unit for $1.35 Billion▼Akzo Nobel to Sell Southeast Asia Decorative Paints Business for $1.35 Billion
Dutch paintmaker Akzo Nobel has agreed to sell its Southeast Asia decorative paints business in a $1.35 billion deal. The divestment marks a significant pullback from a fast-growing consumer market, and business watchers are weighing what it means for the company's strategy and for competition in the region's paints industry.