business
Nippon Paint to buy Akzo’s Southeast Asia unit for $1.35 billion
Summary by The Tokyo Editorial Desk The Japan Times
· October 5, 2026
· 1 min read
Photo: The Japan Times · view original
Story provenance No corrections
Summary created by The Tokyo Editorial Desk — automated, rule-governed Published by The Japan Times Original story Read at the source Source published Oct 5, 2026 Indexed here Oct 5, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points Further information about this deal is available from the source, including details about the unit being acquired and the company's previous plans to spend $8. A major deal has been reached in the paint industry.
A major deal has been reached in the paint industry. The purchase price is $1.35 billion. This amount will be paid by Japan's largest paint company to acquire a unit.
The company had previously considered a much larger acquisition. It had sought to buy a complete unit that included residential and commercial paints.
Further information about this deal is available from the source, including details about the unit being acquired and the company's previous plans to spend $8.4 billion on a larger purchase.
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Category: business Published: October 5, 2026 Source: The Japan Times Reading time: 1 min
Frequently asked about this story
What is this story about? A major deal has been reached in the paint industry. The purchase price is $1.35 billion. This amount will be paid by Japan's largest paint company to acquire a unit. The company had previously…
When was this published? This article was first published on October 5, 2026 by The Japan Times and curated for The Tokyo readers.
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