AkzoNobel sells Asia unit for USD 1.35 billion while AkzoNobel stock costs EUR 58.88

Published on 10/14/2026 at 12:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AkzoNobel expects USD 1.00 billion net cash from its October 5, 2026 sale. AkzoNobel stock costs EUR 58.88 on October 14, 2026.

Asia sale reshapes portfolio

AkzoNobel agreed to sell its Southeast Asian decorative paints business for USD 1.35 billion on October 5, 2026.
The transaction covers seven markets and is expected to generate USD 1.00 billion in net cash.
AkzoNobel stock trades at EUR 58.88 at 12:23 p.m. CEST at Lang & Schwarz on October 14, 2026.

Flatlay mit Aktienzertifikat, Farbeimern und Farbmustern für Akzo Nobel N.V — Flatlay-Arrangement mit Aktienzertifikat, ISIN-Karte und Farbmustern symbolisiert Investition in Akzo Nobel N.V., ISIN NL0013267909, Illustration mit AI erstellt.

AkzoNobel (ISIN NL0013267909) was trading at EUR 58.88 at Lang & Schwarz on October 14, 2026 at 12:23 p.m. CEST as the coatings group worked through a USD 1.35 billion Southeast Asia divestment announced on October 5, 2026. The transaction gives the company a clear portfolio milestone, but completion still depends on customary regulatory approvals.

Asia sale resets the portfolio

According to AkzoNobel in its October 5, 2026 release, the company entered binding agreements to sell its Decorative Paints business in Vietnam, Indonesia, Malaysia, Thailand, Singapore, Papua New Guinea and Australia to Nippon Paint.

The transaction carries a total enterprise value of USD 1.35 billion and EUR 1.20 billion in the release. AkzoNobel expects USD 1.00 billion in net cash after taxes and minority interests, while the Indonesia transaction is expected to close in late 2026 and the other transactions in mid-2027.

What does the sale change?

The disposal concludes AkzoNobel's Asia decorative paints portfolio review and leaves its coatings activities and Global Business Services outside the transaction. Reuters reported on October 5, 2026 that the company would concentrate on completing its planned merger with Axalta after the sale.

The valuation also provides a concrete benchmark for the assets: the enterprise value equals 21 times fiscal year 2025 EBITDA, according to the October 5, 2026 release. That multiple is a transaction metric rather than a forecast for AkzoNobel's consolidated earnings, so the next results will matter for judging the operating base that remains.

Results provide the operating test

For the quarter ended June 30, 2026, AkzoNobel reported revenue of EUR 2.59 billion and net profit of EUR 139.00 million, according to Markets Insider. Revenue was EUR 2.63 billion in the year-earlier quarter, while net profit was EUR 124.00 million, making the earnings comparison more favorable than the revenue comparison.

Analyst views remain part of the valuation debate. On September 30, 2026, Bernstein Research raised its price target from EUR 60.00 to EUR 62.00 while retaining a Market-Perform rating, according to FinanzNachrichten.

Stock trades during the sale process

AkzoNobel was trading at EUR 58.88 at Lang & Schwarz on October 14, 2026 at 12:23 p.m. CEST. The quote places the stock between Bernstein's September 30, 2026 target range and the latest reported operating figures, while the Asia sale remains subject to completion conditions.

The further course of trading is shown by the continuously updated real-time quote of AkzoNobel stock.