AkzoNobel sells Southeast Asia paints unit and AkzoNobel stock sits at EUR 58.14

Published on 10/09/2026 at 11:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AkzoNobel expects USD 1.00 billion in net cash from its October 5 sale. AkzoNobel stock costs EUR 58.14 on October 9, 2026 versus EUR 57.64.

Key points in brief

AkzoNobel agreed on October 5, 2026 to sell Southeast Asian Decorative Paints operations for USD 1.35 billion.
Expected net cash proceeds are USD 1.00 billion, while regulatory approvals remain part of the closing conditions.
Second-quarter 2026 revenue was EUR 2.59 billion and net profit was EUR 139.0 million.
The Lang & Schwarz price was EUR 58.14 on October 9, 2026, plus 0.87 percent versus the EUR 57.64 prior close.

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AkzoNobel (ISIN NL0013267909) was trading at EUR 58.14 at Lang & Schwarz on October 9, 2026 at 11:07 a.m. CEST, up 0.87 percent versus the prior close of EUR 57.64. According to the Axalta filing carrying AkzoNobel's October 5, 2026 release, the company agreed to sell its Southeast Asia Decorative Paints business to Nippon Paint for USD 1.35 billion. The sale covers seven markets and gives the portfolio reshaping strategy a measurable cash component.

Sale brings USD 1.00 billion

The October 5, 2026 release set expected net cash proceeds at USD 1.00 billion after taxes and payments to minority partners. The enterprise value equals 21 times fiscal 2025 EBITDA, a valuation that puts the divestment in a clear financial frame.

According to PCI Magazine on October 5, 2026, the businesses generated USD 291 million of revenue and USD 65 million of EBITDA in 2025. Indonesia is expected to close in late 2026, while the remaining transactions are expected to close in mid-2027, subject to regulatory approvals.

What does the sale mean for results?

AkzoNobel reported EUR 2.59 billion of revenue and EUR 139.0 million of net profit for the second quarter of 2026, according to Markets Insider. Revenue was EUR 2.63 billion in the year-earlier quarter, while net profit was EUR 124.0 million, meaning revenue fell 1.52 percent and net profit rose 12.10 percent year over year.

Three portfolio milestones

PCI Magazine linked three dated steps in the portfolio review: AkzoNobel completed the India sale for EUR 1.40 billion in December 2025, completed the Pakistan sale for EUR 50.0 million on September 30, 2026, and announced the USD 1.35 billion Southeast Asia transaction on October 5, 2026.

Upcoming dates and market level

AkzoNobel is scheduled to publish its next quarterly results on October 21, 2026, with five analysts expecting revenue of EUR 2.60 billion, according to finanzen.ch. The U.K. Competition and Markets Authority has a November 11, 2026 deadline for its first decision on the proposed Axalta combination, according to PCI Magazine.

Stock holds above EUR 58

AkzoNobel stock was trading at EUR 58.14 at Lang & Schwarz on October 9, 2026 at 11:07 a.m. CEST, up 0.87 percent versus the EUR 57.64 prior close. The continuously updated real-time quote of AkzoNobel stock.