Nippon Paint, Sherwin-Williams end takeover pursuit, AkzoNobel shares tumble
By Dimitri Rhodes TOKYO/GDANSK, June 3 (Reuters) – Nippon Paint and Sherwin-Williams said on Wednesday they had decided to terminate their efforts to jointly acquire rival paint maker AkzoNobel. Shares of the Dulux paint maker fell more than 20% in early trade after being halted initially, and were set for their worst-ever trading day if the losses hold. “A lot of people may have thought that another offer from Sherwin-Williams […]