Nippon Paint has offered $8.55 billion to acquire AkzoNobel's decorative paints business after its earlier takeover bid was rejected. AkzoNobel is pursuing Axalta merger.

July 13 : Nippon Paint has made multiple offers for Akzo Nobel's decorative paints business in the past month, including a proposal valuing the unit at about 7.5 billion euros…

July 13 : Nippon Paint has made multiple offers for AkzoNobel's decorative paints business in the past month, including a proposal valuing the unit at €7.5 billion ($8.55 billion)…