U.S. activist investor Elliott Management lost a legal battle to try to remove Akzo Nobel’s chairman, heaping pressure on PPG Industries to make a hostile bid for the rival Dutch paint and chemicals giant or abandon its monthslong takeover pursuit.
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Mon, 05/29/2017 - 7:20pm
U.S. activist investor Elliott Management lost a legal battle to try to remove Akzo Nobel’s chairman, heaping pressure on PPG Industries to make a hostile bid for the rival Dutch paint and chemicals giant or abandon its monthslong takeover pursuit.