Monday, December 29, 2008

AkzoNobel acquires 75:25 ownership of Japanese joint venture

AkzoNobel has agreed to acquire a 75:25 majority interest in its Kayaku Akzo Co. Ltd (KAC) joint venture with Japan's Nippon Kayaku. KAC has been a 50:50 partnership between the two companies for nearrly 40 years.

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