Nippon Paint, a leading coatings manufacturer, has announced its plans to acquire AOC (Asia Pacific Oils and Chemicals), a prominent producer of coatings and resins, for $2.3 billion. The deal aims to strengthen Nippon Paint's presence in the global market and enhance its product offerings.

Source: https://www.bloomberg.com/news/articles/2024-10-28/nippon-paint-to-buy-coatings-resins-maker-aoc-for-2-3-billion