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According to multiple media reports, PPG, the world's largest paint company, is negotiating a merger with its competitor, Akzo Nobel of the Netherlands
.
Once the talks are concluded, a $42 billion chemical giant will be formed, and it will become one of the world's largest cross-border transactions this year
.
?? PPG and Akzo Nobel, as the two giants in the coatings industry, their products range from iPhone protective coatings to industrial paints
.
PPG is located in the United States, with a market value of approximately US$27.
3 billion, and is the world's largest manufacturer of automotive and aerospace coatings; Akzo Nobel is located in the Netherlands and is the largest European coatings supplier and the world's largest manufacturer of protective and marine coatings
.
?? After the announcement, Akzo Nobel's US stock price rose 12%, and its current market value exceeds $17 billion; PPG's stock price closed up 6%, and its current market value is approximately $26 billion
.
?? According to the British "Financial Times" report, it is still uncertain whether the acquisition negotiations between the two are friendly or whether PPG is trying to make a hostile acquisition
.
However, according to Akzo Nobel related parties, Akzo Nobel has sufficient capacity to deal with hostile acquisitions
.
? Bernstein analyst Jeremy Redenius commented, "We believe that such a merger is amazing and has amazing potential.
Its logic is similar to the potential merger between US industrial gas giant Praxair and German Linde, which will make a relatively fragmented market the world's largest one.
The first and second players merge
.
" Obstacles: Political risks and protectionism in the Netherlands? The biggest obstacle or political risk from the Netherlands.
Next week (March 15), the Netherlands will hold a general election before then.
Nationalism in the Netherlands is on the rise
.
At the same time, the Netherlands is increasingly wary of domestic companies being acquired
.
?? According to the British "Financial Times", Dutch Finance Minister Jeroen Dijsselbloem said on Tuesday that the government should have sufficient rights to prevent Dutch domestic companies from being acquired by overseas investors in violation of national interests.
.
?? Earlier, when Kraft Heinz made a takeover offer to Unilever, Dutch Prime Minister Mark Rutte also stated that he would review the pros and cons of the takeover case for the Netherlands
.
?? Therefore, the analysis points out that a friendly transaction may be the best choice for PPG
.
.
Once the talks are concluded, a $42 billion chemical giant will be formed, and it will become one of the world's largest cross-border transactions this year
.
?? PPG and Akzo Nobel, as the two giants in the coatings industry, their products range from iPhone protective coatings to industrial paints
.
PPG is located in the United States, with a market value of approximately US$27.
3 billion, and is the world's largest manufacturer of automotive and aerospace coatings; Akzo Nobel is located in the Netherlands and is the largest European coatings supplier and the world's largest manufacturer of protective and marine coatings
.
?? After the announcement, Akzo Nobel's US stock price rose 12%, and its current market value exceeds $17 billion; PPG's stock price closed up 6%, and its current market value is approximately $26 billion
.
?? According to the British "Financial Times" report, it is still uncertain whether the acquisition negotiations between the two are friendly or whether PPG is trying to make a hostile acquisition
.
However, according to Akzo Nobel related parties, Akzo Nobel has sufficient capacity to deal with hostile acquisitions
.
? Bernstein analyst Jeremy Redenius commented, "We believe that such a merger is amazing and has amazing potential.
Its logic is similar to the potential merger between US industrial gas giant Praxair and German Linde, which will make a relatively fragmented market the world's largest one.
The first and second players merge
.
" Obstacles: Political risks and protectionism in the Netherlands? The biggest obstacle or political risk from the Netherlands.
Next week (March 15), the Netherlands will hold a general election before then.
Nationalism in the Netherlands is on the rise
.
At the same time, the Netherlands is increasingly wary of domestic companies being acquired
.
?? According to the British "Financial Times", Dutch Finance Minister Jeroen Dijsselbloem said on Tuesday that the government should have sufficient rights to prevent Dutch domestic companies from being acquired by overseas investors in violation of national interests.
.
?? Earlier, when Kraft Heinz made a takeover offer to Unilever, Dutch Prime Minister Mark Rutte also stated that he would review the pros and cons of the takeover case for the Netherlands
.
?? Therefore, the analysis points out that a friendly transaction may be the best choice for PPG
.
