(Bloomberg) -- Imperial Chemical Industries Plc's
future is no clearer now that Akzo Nobel NV has begun a much-
anticipated takeover attempt.
ICI, the maker of Dulux and Glidden paints, closed 5.8
percent higher yesterday than Akzo's proposed price of 600 pence
a share. The rally showed investors agreed with the London-based
company's conclusion that the 7.2 billion pound ($14.3 billion)
offer was too low.
Read more at Bloomberg Stocks News
future is no clearer now that Akzo Nobel NV has begun a much-
anticipated takeover attempt.
ICI, the maker of Dulux and Glidden paints, closed 5.8
percent higher yesterday than Akzo's proposed price of 600 pence
a share. The rally showed investors agreed with the London-based
company's conclusion that the 7.2 billion pound ($14.3 billion)
offer was too low.
Read more at Bloomberg Stocks News
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