Elliott is close to triggering special Akzo shareholder meeting: sources

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Go back to Elliott is close to triggering special Akzo shareholder meeting: sources

PPG Industries (PPG) Issues Statement in Connection With Proposal to Combine with AkzoNobel

April 12, 2017 12:24 PM EDT

PPG (NYSE: PPG) today issued the following updated statement in connection with its proposal to AkzoNobel (AKZA.AS:AKZOY) to form a combined company:

Since PPG's proposal to combine with AkzoNobel became public, PPG has communicated with, on multiple occasions, more than 100 equity investors, mostly AkzoNobel shareholders including representatives from Elliott Advisors. Near unanimous feedback from those many meetings is AkzoNobels equity shareholders are... More