Akzo Nobel determined to float Organon

29 January 2007

Dutch drug and chemicals firm Akzo Nobel says that it has received preliminary expressions of interest from a number of parties regarding potential acquisition of its Organon BioSciences operation. The company added that, having reviewed the offers, it remains committed to its preferred divestiture route of pursuing a separate listing for its pharmaceutical business on the Euronext market in Amsterdam (Marketletter January 15).

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