Competition tribunal blocks Dulux and Plascon merger
Appeal by Amsterdam-based AkzoNobel fails despite offer to sell Micatex and make public interest commitments
21 November 2023 - 20:13
The Competition Tribunal has prohibited the Dutch owner of Dulux from buying paint manufacturer Kansai Plascon Africa, but it is still to detail its reasons, it announced on Tuesday.
The proposed deal was between Amsterdam-based AkzoNobel, which owns Dulux and Japanese-owned Kansai Plascon’s African and East Africa businesses...
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