|Day Low/High||28.90 / 29.23|
|52 Wk Low/High||19.32 / 30.24|
Under Dutch law, PPG can bid again in six months.
European stocks were buoyed Thursday by an automotive sector in rude health, recovering commodity prices and the latest developments in Britain's election campaign.
PPG Abandons $29 Billion Takeover Bid For AkzoNobel
U.S. stock futures suggest Wall Street will open with slight gains on Thursday, rebounding from losses in the previous session.
PPG Industries has walked away from a potential $29 billion takeover of AkzoNobel after failing to convince a Dutch court to force a shareholder vote to oust its chairman.
On Monday a Netherlands court ruled in favor of paint and coating company Akzo Nobel in a legal battle with U.S. activist investor Elliott Management.
AkzoNobel traded lower in Amsterdam Tuesday after an arbitration panel in the Netherlands rejected an attempt by PPG Industries PPG to force a shareholder vote to oust its chairman.
Revelations about President Trump's son-in-law Jared Kushner continue to hang over the White House.
European Stocks Slide As Investors Remove Risk After A Three-Day Break
European stocks are expected to drift lower Tuesday as investors rekindle political concerns in the region and focus on currency markets ahead of German and U.S. inflation data.
An arbitration panel in the Netherlands has ruled in favor of AkzoNobel NV as it attempts to fend off a $29 billion takeover approach from PPG Industries.
Lanxess AG shares rose the most in more than eight months Monday after Warren Buffett's General Reinsurance AG group said it had acquired a stake in the German chemicals company.
PPG will sell its remaining fiberglass operations to Nippon Electric Glass.
Shareholders of Dutch chemical maker Akzo Nobel are taking the company to court.
Elliott Advisors launch legal action to oust AkzoNobel's chairman.
This is what you need to know before the bell:
The Dutch company said that the bid is not in the best interests of its shareholders.
Investors have urged Trump to back down from his threat to withdraw from the agreement
PPG Industries said Monday that it was "disappointed" AkzoNobel had again refused to discuss its takeover proposals and accused the Dutch chemicals group of poor corporate governance.
AkzoNobel said the $26bn offer undervalues the company
AkzoNobel has formally rejected a third takeover approach from PPG Industries PPG Monday, saying the $26 billion offer undervalues the company and demonstrates a "lack of cultural understanding".
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AkzoNobel opened down in Amsterdam Friday as Elliott Advisors once again put pressure to begin talks with PPG Industries PPG.