Akzo Nobel Slides, Rheinmetall Gains, ICG Up
On this episode of Stock Movers:- Akzo Nobel has agreed to acquire smaller rival paint maker Axalta Coating Systems Ltd. in a cross-border share deal that values the target at €7.9 billion ($9.2 billion). The Dutch company’s stock fell as much as 4.4% in Amsterdam early Tuesday, the steepest intra-day drop since Oct. 22. - Rheinmetall sees sales of about €50 billion in 2030, according to a presentation for its capital markets day. Shares rose as much as 2.4%- Amundi will buy into the alternative investment firm ICG as it seeks to tap into the booming demand for unlisted…
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