Summary
ICI would only confirm that talks were continuing with suitor Akzo Nobel last night, as speculation grew that the Dutch chemicals group had agreed to raise its offer to 8bn, or 670p a share.
After rejecting an increased bid of 650p a share a week ago, chairman Peter Ellwood and chief executive John McAdam entered into informal talks with Akzo to see whether any more cash could be put on the table.See the full content of this document
Extract
Investors Hope Akzo Will Bump Up Ici Offer
Should Akzo agree to up the ante, it would prompt ICI's board to a...
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