AKZONOBEL
School Assembly News Headlines, October 6, 2026: Check national, international, business, sports updates and thought of the day
School assembly news headlines October 6, 2026, cover major developments from India and around the world, including diplomatic ties, immigration, the Russia-Ukraine war, foreign worker visa rules, cricket updates and key business developments. The roundup also features a Thought of the Day by Nelson Mandela, giving students a concise mix of current affairs and inspiration for the morning assembly.
Dulux paint maker AkzoNobel to sell Southeast Asian unit to Nippon Paint for over $1 bn
AkzoNobel is close to finalizing a deal with Nippon Paint for its Southeast Asian decorative paints business. This potential agreement is expected to surpass $1 billion and may be announced soon. The divestment would involve operations across several countries, including Vietnam, Indonesia, and Malaysia. Nippon Paint has previously shown interest in acquiring the entire decorative paints division of AkzoNobel.
Nippon Paint offers $8.6 billion for AkzoNobel unit, Bloomberg News reports
Nippon Paint has reportedly made new offers for AkzoNobel's decorative paints unit. The latest proposal values the business at approximately seven point five billion euros. AkzoNobel's management has not engaged with Nippon Paint regarding this offer. Instead, AkzoNobel is proceeding with a planned merger with Axalta. Paint companies are seeking mergers to manage rising costs and competition.
AkzoNobel rejects €12.5 billion Nippon Paint, Sherwin-Williams takeover offer
Dulux paint maker AkzoNobel has rejected a massive takeover offer. Rivals Nippon Paint and Sherwin-Williams proposed a €12.5 billion deal. AkzoNobel stated the offer undervalued its business and lacked certainty. The company board continues to back its planned merger with Axalta. Shareholders will vote on the Axalta deal soon. This rejection sent AkzoNobel shares soaring.
Akzo Nobel, Axalta to merge creating $25 billion paint giant
In a bold strategic move, AkzoNobel, the renowned Dulux paint manufacturer, is set to join forces with Axalta Coating Systems. This merger will create a juggernaut with an impressive enterprise valuation of 25 billion dollars. Shareholders of AkzoNobel stand to benefit significantly, receiving a substantial dividend of 2.5 billion dollars.
JSW Paints to raise ₹3,300cr to fund AkzoNobel India buy
JSW Paints is gearing up to secure ₹3,300 crore via non-convertible debentures, using this vital capital to propel its acquisition of AkzoNobel India. In a bold financial strategy, the JSW Group is also embarking on a grand ₹6,500 crore capital infusion that promises to elevate JSW Paints' positioning in the market.
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Focus is on profitable market share expansion: AkzoNobel
However, demand for the company’s mainstay of premium paints is yet to fully recover, as the key markets of metro cities remain in the thick of the pandemic, said Rajiv Rajgopal, managing director at AkzoNobel India. The country’s fourth-largest paint maker’s limited presence in smaller towns, where the bulk of demand is coming from, is also limiting growth.
Dulux Paints' AkzoNobel wants to work with world's best innovators to paint the future
AkzoNobel makers of Dulux Paints in India wants to combine its know-how and expertise with the ingenious solutions of startups and scale-ups around the world.
AkzoNobel Q1 profit up 5% at Rs 43 crore
Total income during the reported quarter stood at Rs 724.83 crore.
AkzoNobel India to buy back shares worth Rs 235.20 crore
Shares of AkzoNobel India ended 0.39 per cent lower at Rs 1,934 on BSE.
AkzoNobel India to sell specialty chemicals biz for Rs 320 crore
The business includes the Mahad manufacturing facility for polymer chemistry range of products, the company said.
AkzoNobel India falls on 6.73% decline in Q2 profit
The company on Thursday posted a decline of 6.73 per cent in its standalone net profit at Rs 38.79 crore for the second quarter.
AkzoNobel inaugurates specialty coatings facility at Noida
With an investment of Rs 3 crore, the new site will manufacture 600 kl of coatings annually and service our customers in the consumer electronics, automobile and cosmetic industries.
Competition Commission approves AkzoNobel-BASF deal
Paint and coatings maker AkzoNobel has got fair trade regulator CCI's approval to acquire industrial coatings business of BASF SE.
AkzoNobel Q4 net profit rises 17.7% to Rs 52.57 crore
AkzoNobel India today reported an increase of 17.76 per cent in its standalone net profit at Rs 52.57 crore for the fourth quarter ended on March 31, 2016.
AkzoNobel Q3 net profit rises 24.63% to Rs 63.24 crore
It had posted a net profit of Rs 50.74 crore in the same quarter a year ago, AkzoNobel said in a statement.
AkzoNobel Q2 net profit up 14% to Rs 40.98 crore
AkzoNobel India reported a 14.62% increase in its net profit at Rs 40.98 crore for Q2 ended September 30, riding on increase in demand.
Bajaj Allianz and AkzoNobel in unique strategic alliance
Bajaj Allianz General Insurance and AkzoNobel India have tied up to provide home insurance cover with every 20l pack of Dulux Weathershield Paint.
AkzoNobel extends IT services contract with Infosys BPO
The subsidiary will partner with AkzoNobel to set up a finance services organisation by consolidating work from seven business groups across 55 locations.
AkzoNobel to strengthen presence in the mass market segment
"Dulux is known as a premium brand for many years and we have got over 20 per cent share in the premium segment in India. But, we have also realised that we need to be present in the mass market.
AkzoNobel India keen to start Bangladesh venture
Paint manufacturer AkzoNobel India has expressed interest in setting up a manufacturing unit in Bangladesh over the next two to three years.
L&T bags AkzoNobel contract for technical services
In addition to this, L&T will also provide access to a large vendor network and support shortening of project lead times.
AkzoNobel opens new production facility in Thane
The facility will cater to company's customers in India, Bangladesh, Sri Lanka, and Southeast Asia, the company said in a statement.
AkzoNobel inaugurates new plant in Gwalior
AkzoNobel India Managing Director Amit Jain said new plant will help the company expand its distribution network.
AkzoNobel selects Infosys for finance and accounting solutions
Infosys today said its BPO arm has been selected by speciality chemicals producer AkzoNobel to transform their finance and accounting (F&A) processes.
AkzoNobel secures McLaren Automotive supply agreement
AkzoNobel has signed an agreement to supply advanced paint technology to McLaren Automotive, building on the success of the existing corporate partnership with the Vodafone McLaren Mercedes (VMM) Formula 1 team.
AkzoNobel a weak stock: Rajat Bose
If it were to fall below 790, then it could get weakened substantially.
AkzoNobel plans to hire 2,000 in India by 2015
Dutch paint and coatings firm AkzoNobel will double its headcount in India to 4,000 in line with its growth strategy.
AkzoNobel to invest Rs 200cr on new plant; eyes 1 bn euro sales
AkzoNobel will invest Rs 200 crore to set up a new manufacturing plant in Madhya Pradesh to ramp up operations in the country. PTI
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