Akzo Nobel's No, Volvo Cars Up, Capgemini Earnings
On this episode of Stock Movers:
- Akzo Nobel has rejected a cash offer from Japanese peer Nippon Paint and US paintmaker Sherwin-Williams and will press on with plans to merge with US firm Axalta Coating Systems Ltd.
- Volvo Cars says it has been granted a specific authorization from the Office of Information and Communications Technology and Services, allowing continued import and sale of connected vehicles in US.
- Capgemini targets 2025 to 2028 3-year revenue CAGR at constant currency of +5.5% to +7.5%, with around 2 points from M&A as part of Capital Markets Day strategy, according to statement.
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