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January 11, 2012
By: KERRY PIANOFORTE
AkzoNobel plans to strengthen its position in packaging coatings by exercising the right to buy the remaining shares of Metlac, an Italian-based packaging coatings producer. AkzoNobel currently is a shareholder in Metlac. This position was inherited from the acquisition of ICI in 2008. The company expects to finalize the acquisition in Q2 2012.
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