Monday, August 6, 2007

CORRECTED - ICI opens books after improved $16.3 bln Akzo bid

(Reuters) - ICI, the maker of Dulux paints, said the proposal at 670
pence per share in cash is subject to a number of preconditions,
including completion of due diligence.




ICI shareholders would also receive a 4.95 pence per share
interim dividend and a second interim dividend of up to 5 pence
paid on a pro rata basis from July 1 to the date of completion.


Read more at Reuters.com Mergers News

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