<div class="at-above-post addthis_tool" data-url="https://www.retailgazette.co.uk/blog/2026/07/dulux-owner-rejects-6-5bn-bid-for-decorative-paints-business/"></div>Dulux owner AkzoNobel has rebuffed a €7.5bn (£6.5bn) approach from Nippon Paint for its decorative paints division, arguing the offer significantly undervalues the business. The company confirmed it had received several conditional and non-binding proposals from the Japanese paintmaker for the division, which includes consumer brands such as Dulux. However, AkzoNobel said its merger agreement...<!-- AddThis Advanced Settings above via filter on wp_trim_excerpt --><!-- AddThis Advanced Settings below via filter on wp_trim_excerpt --><!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons above via filter on wp_trim_excerpt --><!-- AddThis Share Buttons below via filter on wp_trim_excerpt --><div class="at-below-post addthis_tool" data-url="https://www.retailgazette.co.uk/blog/2026/07/dulux-owner-rejects-6-5bn-bid-for-decorative-paints-business/"></div><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt -->