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October 21, 2016
By: Catherine Diamon
Standard & Poor’s Global Ratings has raised its corporate credit ratings on Akzo Nobel N.V. to ‘A-/A-1’ from ‘BBB+/A-2’ with a stable outlook. The rating recognizes the company’s strong financial foundation and incorporates sufficient headroom to pursue its strategy of continuous improvement and organic growth, including potential bolt-on acquisitions.
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