AkzoNobel acquires full ownership of Chinese decorative paints joint venture

MOSCOW (MRC) -- Akzo Nobel N.V.В has signed and closed the acquisition of Swire Industrial Limited's minority interest in the AkzoNobel Swire Paints (ANSP) joint venture, as per the company's press release.Having held the majority share in the decorative paints joint venture since 1989, AkzoNobel has now acquired full ownership.This acquisition strengthens AkzoNobel's leading position in

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