Acquisition Nippon Paint has entered into an agreement to acquire AOC, a global specialty formulator known for its composite resins and materials used in industries such as automotive, construction, and marine. The acquisition, valued at EUR 2.1 billion, expands Nippon Paint's product portfolio in the specialty chemicals sector. AOC's expertise complements Nippon Paint's existing offerings, strengthening its global presence. The transaction is expected to close in the first half of 2025, pending regulatory approvals, and is expected to be accretive to earnings from the first year. Strategic review Dow has announced a ...