AkzoNobel sells National Starch for $1.3bn
AkzoNobel is selling its National Starch unit to America’s Corn Products International for $1.3bn, the paint and chemicals company said on Monday.
National Starch has been for sale since Akzo Nobel bought ICI in 2008.
‘This transaction today marks the strong focus on our core business and confirms AkzoNobel’s transformation into the world’s largest global coatings and specialty chemicals company,’ said AkzoNobel CEO Hans Wijers in a statement.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.
Make a donation