Nippon Paint Group and Sherwin-Williams confirm Joint Proposal to acquire AkzoNobel

TOKYO and CLEVELAND, May 27, 2026 /PRNewswire/ -- Nippon Paint Group and Sherwin-Williams note today's press release issued by AkzoNobel regarding their proposal to acquire all of the issued and outstanding shares of AkzoNobel (the "Joint Proposal"). The Joint Proposal was rejected by the Boards of AkzoNobel, and Nippon Paint Group and Sherwin-Williams are considering their next steps, if any.