Thursday , 22 January 2026

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Akzo’s court win against Elliott shifts focus to PPG’s next move

Bloomberg Akzo Nobel NV’s court victory against activist shareholder Elliott Management Corp. has strengthened the Dutch paintmaker’s hand in resisting a takeover approach from suitor PPG Industries Inc. and put pressure on the US rival to take its offer directly to investors. The Commercial Court of the Netherlands ruled late on Monday that Akzo Nobel is under no obligation to …

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Denmark cuts $1bn off funding need as outlook improves

Bloomberg Denmark’s center-right government raised its forecast for economic growth this year and predicted it will borrow less via bond markets as the public deficit shrinks. The minority coalition of Prime Minister Lars Lokke Rasmussen expects gross domestic product to expand 1.7 percent this year, faster than the 1.5 percent it forecast just last month, according to Economy Ministry documents …

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Swedish growth slows at start of 2017 as exporters struggle

Bloomberg Sweden’s economy slowed at the start of the year as exports struggled to maintain momentum, dulling a housing-fueled investment and consumption boom in the largest Nordic economy. Gross domestic product grew 0.4 percent in the first quarter and expanded an annual 2.2 percent, Statistics Sweden said on Tuesday. Analysts surveyed by Bloomberg estimated growth of 0.9 percent and 2.9 …

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