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立邦涂料即将达成收购阿克苏诺贝尔东南亚业务的协议Nippon Paint near deal to buy AkzoNobel's Southeast Asia unit

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伦敦(金融时报)—— 多乐士(Dulux)所有者阿克苏诺贝尔(AkzoNobel)即将达成协议,将其东南亚装饰性涂料业务出售给日本涂料(Nippon Paint),此举让其日本竞争对手在此前大型并购尝试失败后取得了一场小胜利。

LONDON (Financial Times) -- Dulux owner AkzoNobel is nearing a deal to sell its Southeast Asian decorative paints business to Nippon Paint, handing its Japanese rival a small victory after previous attempts at larger deals failed.

据知情人士透露,这家荷兰集团最快可能于周一达成协议,以远超10亿美元的价格出售该部门。该剥离资产将包括越南、印度尼西亚、马来西亚、泰国和新加坡,以及巴布亚新几内亚和澳大利亚的装饰性涂料业务。

The Dutch group could reach an agreement to sell the unit for well over $1 billion as early as Monday, according to people familiar with the talks, who said the divestment would include decorative paint operations in Vietnam, Indonesia, Malaysia, Thailand and Singapore, as well as Papua New Guinea and Australia.

此次出售兑现了阿克苏诺贝尔首席执行官格雷瓜尔·普吉-吉约姆(Gregoire Poux-Guillaume)早前的承诺,即从公司并非市场领导者的东南亚边缘市场撤资。

The disposal would follow through on an earlier pledge by AkzoNobel chief executive Gregoire Poux-Guillaume to withdraw from peripheral markets in Southeast Asia where the company is not a market leader.

普吉-吉约姆同时也在推动阿克苏诺贝尔与美国同行埃克塞诺(Axalta)的合并,该合并于去年11月宣布,将创建一家在纽约上市、企业价值约250亿美元的涂料和化工集团。

Poux-Guillaume is also working to complete AkzoNobel's merger with U.S. peer Axalta, announced in November, which would create a New York-listed paint and chemicals group with an enterprise value of about $25 billion.

知情人士称,此次东南亚资产剥离与埃克塞诺合并的审批无关,是在日本涂料此前追求大型交易失败后达成的。这些失败案例包括去年7月对阿克苏诺贝尔全部装饰性涂料业务提出的75亿欧元(约84.4亿美元)收购要约,以及5月联合美国同行宣伟(Sherwin-Williams)提出的130亿欧元全面收购要约。

The Southeast Asia divestment, which is unrelated to approval for the Axalta deal, comes after Nippon failed in previous attempts to pursue larger deals. These included a 7.5 billion euro ($8.44 billion) bid in July for all of AkzoNobel's decorative paint business as well as a 13 billion euro full takeover proposal in May alongside U.S. peer Sherwin-Williams.

部分知情人士表示,日本涂料仍对装饰性涂料业务的大型交易感兴趣。但他们补充称,整合东南亚业务可能会占用该公司一段时间精力,且阿克苏诺贝尔目前没有计划出售该业务的进一步资产。阿克苏诺贝尔拒绝置评。日本涂料暂时无法联系到置评。

Nippon remains interested in a larger deal for the decorative paint business, some of the people said. But they added that integration of the Southeast Asia business could occupy the company for some time and that AkzoNobel does not have plans to sell further assets from the business. AkzoNobel declined to comment. Nippon could not immediately be reached for comment.

8月,股东批准了阿克苏诺贝尔与埃克塞塔的合并,合并后的公司将在纽约单一上市,同时保留阿姆斯特丹和费城的双总部。合并后的公司年收入将达约170亿美元,使其成为全球最大的涂料集团之一。

Shareholders in August approved the Akzo-Axalta combination, which will have a single listing in New York while maintaining dual headquarters in Amsterdam and Philadelphia. The combined company would have annual revenues of about $17 billion, making it one of the world's largest coatings groups.

阿克苏诺贝尔此前已暗示,可能会在完成更大规模的合并前出售其东南亚业务。

AkzoNobel has previously flagged the possibility of selling the Southeast Asian operations before completing the larger merger.

该公司于2025年同意将其印度业务出售给当地集团JSW,交易估值约14亿欧元,这是其剥离非核心资产计划的一部分。

The company in 2025 agreed to sell its Indian business to local group JSW in a deal valued at about 1.4 billion euros as part of its push to dispose of noncore assets.