Edition:
United Kingdom

Akzo Nobel NV (AKZO.AS)

AKZO.AS on Amsterdam Stock Exchange

76.24EUR
18 May 2018
Change (% chg)

€0.00 (+0.00%)
Prev Close
€76.24
Open
€76.20
Day's High
€76.40
Day's Low
€75.84
Volume
525,394
Avg. Vol
681,554
52-wk High
€81.80
52-wk Low
€71.64

Latest Key Developments (Source: Significant Developments)

Nils Andersen Appointed As Chairman By Supervisory Board
Thursday, 26 Apr 2018 

April 26 (Reuters) - AKZO NOBEL NV ::REG-NILS ANDERSEN APPOINTED AS MEMBER OF THE SUPERVISORY BOARD.NILS ANDERSEN APPOINTED BY AGM AS NEW MEMBER OF SUPERVISORY BOARD AND SUBSEQUENTLY APPOINTED CHAIRMAN BY SUPERVISORY BOARD.NILS ANDERSEN WILL SUCCEED ANTONY BURGMANS.  Full Article

Reg-Akzo Nobel Q1 Revenue Misses Reuters Poll
Tuesday, 24 Apr 2018 

April 24 (Reuters) - AKZO NOBEL NV ::REG-AKZONOBEL MAKES PROGRESS ON TRANSFORMATION INTO A FOCUSED PAINTS AND COATINGS COMPANY WHILE HEADWINDS CONTINUE.Q1 REVENUE DOWN 8%, MAINLY DUE TO ADVERSE FOREIGN CURRENCIES (1% LOWER EXCLUDING CURRENCY IMPACT) AT EUR 2,176 MILLION.ON TRACK FOR DELIVERING 15% RETURN ON SALES BY 2020.Q1 ADJUSTED OPERATING INCOME(1) AT EUR 149 MILLION (2017: EUR 208 MILLION).SALE OF OUR SPECIALTY CHEMICALS BUSINESS IS EXPECTED TO BE COMPLETED BY END OF 2018.PRICE INCREASE SUCCESSFUL IN Q1 2018; SECOND WAVE OF PRICE INCREASES TO COME IN 2018.Q1 REVENUE EUR 2.30 BILLION IN REUTERS POLL.Q1 NET INCOME FROM TOTAL OPERATIONS UP 5% TO EUR 253 MILLION (2017: EUR 240 MILLION) (REMOVES REPETITION OF TEXT).  Full Article

AkzoNobel Specialty Chemicals Signs Co-Operation Agreement With Ineos Nitriles
Friday, 20 Apr 2018 

April 20 (Reuters) - AKZONOBEL SPECIALTY CHEMICALS: :AKZONOBEL SPECIALTY CHEMICALS SIGNS CO-OPERATION AGREEMENT WITH INEOS NITRILES TO EXPAND CHELATES PRODUCTION.  Full Article

Akzo Nobel To Sell Specialty Chemicals To Carlyle Group And GIC For 10.1 Billion Euros
Tuesday, 27 Mar 2018 

March 27 (Reuters) - AKZO NOBEL NV ::TODAY ANNOUNCES THE SALE OF 100% OF ITS SPECIALTY CHEMICALS BUSINESS TO THE CARLYLE GROUP AND GIC FOR AN ENTERPRISE VALUE OF €10.1 BILLION‍​.KEY MILESTONE IN CREATING A FOCUSED, HIGH PERFORMING PAINTS AND COATINGS COMPANY.TRANSACTION IS EXPECTED TO BE COMPLETED BEFORE END OF 2018.THIS TRANSACTION CREATES TWO FOCUSED AND HIGH PERFORMING BUSINESSES - PAINTS AND COATINGS, AND SPECIALTY CHEMICALS.‍ON BASIS OF YEAR-END BALANCE SHEET, AKZONOBEL EXPECTS TO RECEIVE A CASH PAYMENT OF EUR 8.9 BILLION​.FOLLOWING DEDUCTION OF DEAL AND SEPARATION RELATED COSTS, AS WELL AS OTHER PREVIOUSLY ANNOUNCED LIABILITIES, THE NET PROCEEDS ARE EXPECTED TO BE AROUND €7.5 BILLION.THE VAST MAJORITY OF NET PROCEEDS WILL BE DISTRIBUTED TO SHAREHOLDERS.  Full Article

Carlyle Wins Auction To Acquire Akzo Nobel'S Speciality Chemicals Arm - FT‍​
Monday, 26 Mar 2018 

March 26 (Reuters) - :CARLYLE WINS AUCTION TO ACQUIRE AKZO NOBEL’S SPECIALITY CHEMICALS ARM - FT, CITING SOURCES ‍​.  Full Article

Akzo Nobel Launches A 12 Million Euros Organic Peroxides Expansion In Mexico‍​
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - AKZO NOBEL NV ::LAUNCHES €12 MILLION ORGANIC PEROXIDES EXPANSION IN MEXICO‍​.EXPANSION PRODUCTION CAPACITY AND UPGRADE ITS ORGANIC PEROXIDES FACILITY IN LOS REYES, MEXICO.  Full Article

AkzoNobel Appoints Renier Vree As CFO For Specialty Chemicals
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - AKZO NOBEL NV ::AKZONOBEL APPOINTS RENIER VREE AS CFO FOR SPECIALTY CHEMICALS.APPOINTED RENIER VREE AS CFO, EFFECTIVE MARCH 1, 2018.  Full Article

Arcadis' CFO, Renier Vree, Resigns To Join Akzonobel Specialty Chemicals As CFO
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - ARCADIS NV ::ARCADIS CHIEF FINANCIAL OFFICER RESIGNS.RESIGNATION OF RENIER VREE, CHIEF FINANCIAL OFFICER (CFO) AND MEMBER OF EXECUTIVE BOARD, EFFECTIVE MARCH 1(ST), 2018..RENIER VREE, HAS DECIDED TO JOIN AKZONOBEL SPECIALTY CHEMICALS AS CHIEF FINANCIAL OFFICER (CFO).  Full Article

Nuon and Akzo Nobel Sign Energy Supply Agreement
Friday, 15 Dec 2017 

Dec 15 (Reuters) - AKZO NOBEL NV ::SIGN INNOVATIVE ENERGY SUPPLY AGREEMENT.NUON IS TO SUPPLY FLEXIBLE ENERGY TO THREE OF CO'S CHEMICAL PRODUCTION SITES IN NETHERLANDS.  Full Article

Akzo Nobel To Expand Colloidal Silica Capacity In Sweden​
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - AKZO NOBEL NV ::‍AKZONOBEL TO EXPAND COLLOIDAL SILICA CAPACITY IN SWEDEN​.INVESTING MORE THAN €4 MILLION‍​.EXPANSION TO HELP MEET GROWING CUSTOMER DEMAND.EXPANSION IS EXPECTED TO BE COMPLETED BY LATE 2018.  Full Article

Sailing-Brazil's Grael charts new waters for women in ocean race

LONDON, May 17 Surviving the sometimes savage Southern Ocean brought Brazilian Olympic gold medal winner Martine Grael one leg closer to her ambition of becoming an all-round sailing great.