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Sherwin-Williams and Nippon Paint drop joint bid for AkzoNobel
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Sherwin-Williams and Nippon Paint drop joint bid for AkzoNobel

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The Sherwin-Williams Company (NYSE:SHW) and Tokyo-based Nippon Paint Group have officially terminated their joint efforts to acquire AkzoNobel, bringing an end to a high-profile pursuit that threatened to reshape the global paints and coatings industry.