Investing.com — Shares of Nippon Paint Holdings rose on Monday after the Japanese paintmaker agreed to buy AkzoNobel’s decorative paints businesses across Southeast Asia, Australia and Papua New Guinea for $1.35 billion, expanding its regional footprint. <\/p>\n
Before you buy NVIDIA: our AI model’s stock picks are beating the market by 120%+. See the list now \u00bb<\/a> <\/p>\n Shares rose 1% to 1,169 yen, lagging the broader Japanese market, with the Nikkei 225 up 2.28% in Monday trading. <\/p>\n The transaction covers AkzoNobel’s decorative paints operations in Vietnam, Indonesia, Malaysia, Thailand, Singapore, Papua New Guinea and Australia and represents an enterprise value of about $1.35 billion. <\/p>\n AkzoNobel said the deal values the business at 21 times 2025 EBITDA, while Nippon Paint puts the purchase price at about 16 times projected 2026 EBITDA. <\/p>\n Not finding the right stocks? Our AI’s list of investor-grade stock picks for October just dropped \u00bb<\/a> <\/p>\n The businesses generated $291 million of revenue and $65 million of EBITDA in 2025, according to Nippon Paint, with an EBITDA margin of about 22%. <\/p>\n Nippon said the acquisition is expected to be profit accretive after completion and sees opportunities for savings through joint procurement, manufacturing and logistics, cross-selling and lower overhead. <\/p>\n The acquisition will be funded through cash and bank borrowings rather than issuing new shares, limiting immediate dilution for existing shareholders. <\/p>\n The Indonesia transaction is expected to close separately in late 2026, while the remaining transactions are expected to be completed around mid-2027, subject to regulatory approvals. <\/p>\n The deal marks a partial success for Nippon Paint after it previously sought to acquire AkzoNobel’s entire decorative paints business. <\/p>\n Akzo had rejected proposals valuing that broader business at about \u20ac7.5 billion, while Nippon Paint and Sherwin-Williams also abandoned a joint attempt to acquire the entire company earlier this year. <\/p>\n Original Article <\/p>\n Nippon Paint shares rise on $1.35 billion deal for Akzo’s Southeast Asia paint arm<\/a> <\/p>\n METLEN signs gallium supply deal with Japanese chemical group<\/a> <\/p>\n