ICI bidder given more time for offer

ICI bidder Akzo Nobel was today given more time by the UK takeover watchdog to table its formal £8bn (€12bn) offer for the Dulux paint maker.

ICI bidder given more time for offer

ICI bidder Akzo Nobel was today given more time by the UK takeover watchdog to table its formal £8bn (€12bn) offer for the Dulux paint maker.

The Takeover Panel has extended the “put up or shut up” deadline to allow Dutch group, which makes Crown paint, to come up with a firm offer.

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