PPG to make case for Akzo acquisition to Dutch government officials

March 24, 2017 AMSTERDAM (Reuters) – The chief executive of U.S. paint maker PPG meets Dutch government officials on Friday to make the case for its proposed 22.7 billion euro ($24.5 billion) takeover of Dutch peer AkzoNobel . PPG was also due to meet representatives of the VEB, an organization that represents shareholders in the Netherlands, but there was no indication that it would get a hearing from Akzo executives. Akzo’s management, which has rejected the approach and refused to negotiate, has come under pressure from shareholders to at least…

Read More