ICI agrees to €11.9bn takeover

Dulux paint maker ICI has agreed to an €11.9bn takeover by Dutch chemicals group Akzo Nobel, it emerged today.

Sun, 12 Aug, 2007 - 15:34

Dulux paint maker ICI has agreed to an €11.9bn takeover by Dutch chemicals group Akzo Nobel, it emerged today.

ICI is set to announce tomorrow that it has recommended a 670p a share offer from the maker of Crown paints, according to newspaper reports.

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