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BRITAIN-NETHERLANDS-CHEMICAL-COMPANY-TAKEOVER-ICI-AKZO
British chemicals group Imperial Chemical Industries (ICI) chief executive John McAdam attends a press conference with Dutch chemicals group Akzo Nobel chief executive Hans Wijers (not seen) in London, 13 August 2007. ICI said it has agreed to a cash takeover by Dutch rival Akzo Nobel worth 8.0 billion pounds (11.8 billion euros, 16.1 billion dollars). ICI has agreed to be bought after rejecting two previous offers by Akzo earlier in the summer. In a joint statement, Akzo Nobel said the board of ICI has accepted a cash offer of 670 pence for each ICI share. The deal, which the pair are looking to complete by early December, is subject to shareholder approval, while Akzo has hinted at there being job losses. AFP PHOTO/BERTRAND LANGLOIS
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Detalii fotografie |
Loc: |
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London, Greater London, UNITED KINGDOM |
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Sursa: |
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AFP / Mediafax Foto |
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Fotograf: |
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BERTRAND LANGLOIS |
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Data: |
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13 August 2007 |
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Dimensiuni: |
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2136 x 2500 (944 KB) |
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