Akzo Nobel reached a truce with Elliott Management giving the activist investor board representation following a monthslong standoff over Elliott’s push to force the Dutch chemicals company into talks over a $28 billion takeover bid.
NYS Entity Status
NYS Filing Date
JANUARY 16, 2013
NYS DOS ID#
CT CORPORATION SYSTEM
111 EIGHTH AVENUE
NEW YORK, NEW YORK, 10011
NYS Entity Type
FOREIGN LIMITED LIABILITY COMPANY
2013 - AKZO NOBEL CHEMICALS (NY) LLC
2013 - AKZO NOBEL CHEMICALS LLC
AROUND THE WEB
- Akzo Nobel, Elliott Make Peace After Protracted Spat
Wednesday Aug 16, 2017
- Paul Singer ‘urgently’ wants info on Dutch paint giant’s CEO
By Reuters - Monday Jul 24, 2017
Billionaire Paul Singer’s hedge fund Elliott Management on Monday asked the board of Dutch paintmaker Akzo Nobel to urgently respond to its concerns about the nomination of a new chief executive. Elliott, Akzo’s largest shareholder with a 9.5 percent position, has been repeatedly rebuffed by the company after pushing for the board to engage with...
- Ailing Akzo Nobel Keeps Deal Talk Alive and Well
Friday Sep 8, 2017
Akzo Nobel seems less and less likely to retain its independence.
- Paul Singer reaches truce with Dutch paint giant
By Carleton English - Wednesday Aug 16, 2017
Billionaire Paul Singer and Dutch paintmaker AkzoNobel reached a truce Wednesday, with the company agreeing to give the activist investor’s firm representation on its board. The two had been engaged in a monthslong — and at times litigious — battle in which Singer’s hedge fund Elliott Management had pushed the owner of Dulux paint to...
- Elliott Doubles Down on Akzo Nobel---And Noisy Activism
Friday Jul 7, 2017
Hedge fund giant Elliott upped its stake in paint giant Akzo Nobel to more than $2 billion, while aggressively going after the company’s chairman. Patience might be a better path.
- Akzo Nobel's Poor Results Increase Chances of a Deal
Tuesday Jul 25, 2017
The paint giant’s shares look like a one-way bet. Weak growth makes a fresh takeover bid from U.S. peer PPG ever more probable.