Nippon Paint to acquire DuluxGroup for ¥300 billion

Business / Corporate Apr 17, 2019

Nippon Paint to acquire DuluxGroup for ¥300 billion

Nippon Paint Holdings Co. will acquire major Australian peer DuluxGroup Ltd. for ¥300.5 billion ($2.7 billion) to strengthen its foothold in the overseas market, the two companies said Wednesday. The major paint and coating manufacturer aims to close the deal to buy DuluxGroup, which has ...