(Reuters) - Sources familiar with the matter had told Reuters on Saturday, before the disclosure of the terms of AKZO's initial approach, that the company would likely make a further takeover approach to Imperial Chemical Industries Plc "soon".
However the Dutch company is now planning to wait to see whether a counterbid emerges -- and at what value -- before deciding on its next move, so that it does not offer more than it needs to, the source said on Wednesday.
Read more at Reuters.com Mergers News
However the Dutch company is now planning to wait to see whether a counterbid emerges -- and at what value -- before deciding on its next move, so that it does not offer more than it needs to, the source said on Wednesday.
Read more at Reuters.com Mergers News
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