May 8, 2017 / 7:35 AM / 3 months ago

BRIEF-PPG says is "disappointed" that Akzo Nobel has again refused to enter into negotiation

May 8 (Reuters) - Ppg Industries Inc

* PPG issues statement

* Is "disappointed" that Akzonobel has once again refused to enter into a negotiation regarding a combination of two companies

* "Akzonobel chairs stated up front that they did not have intent nor authority to negotiate"

* Akzonobel chairs did not share any concerns regarding PPG's proposal

* Will review full details of Akzonobel's response issued today

* Can confirm CEO and lead independent director met chairman of supervisory board of Akzonobel and CEO and chairman of board of management of Akzonobel Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below