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KM Financial Solutions | UPDATE 1-Akzo Nobel to sell chemicals arm to Carlyle, GIC for 10 bln euros
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UPDATE 1-Akzo Nobel to sell chemicals arm to Carlyle, GIC for 10 bln euros

26 Mar UPDATE 1-Akzo Nobel to sell chemicals arm to Carlyle, GIC for 10 bln euros

Posted at 06:58h in News by
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AMSTERDAM, March 27 (Reuters) – Akzo Nobel has
agreed to sell its specialty chemicals business to U.S. private
equity firm Carlyle Group and Singapore’s GIC
for 10.1 billion euros ($12.6 billion), including debt.

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