PPG Industries Inc. Monday appealed directly to Akzo Nobel NV shareholders, employees and customers to pressure the Dutch paint and chemicals maker into negotiations over the U.S. rival’s $24 billion takeover bid. In an open letter to Akzo’s stakeholders, PPG highlighted its stronger stock-market performance, its sales growth and its successful takeover record as reasons for negotiations to begin, arguing that the combined company would be stronger than two independent competitors. PPG said it has generated a total...

Source: Wall Street Journal April 17, 2017 14:26 UTC