PITTSBURGH, US: PPG Industries Inc (PPG) has issued the following statement in response to the decision by the Dutch Authority for the Financial Markets:
PPG was notified by the Dutch Authority for the Financial Markets (AFM) that it did not grant PPG’s request for an extension. PPG will continue to assess all of its options including whether or not to file a preliminarily draft offer memorandum with the AFM by no later than 1 June 2017, relating to a public offer for all the issued and outstanding shares of AkzoNobel.
PPG will make further announcements if and when it is appropriate.
Read More: PPG issues statement regarding Dutch AFM decision
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