3月9日，全球領(lǐng)先的油漆和涂料企業(yè)、和專(zhuān)業(yè)化學(xué)品的主要生產(chǎn)商阿克蘇諾貝爾宣布公司正在審議拆分專(zhuān)業(yè)化學(xué)品業(yè)務(wù)的戰(zhàn)略選擇。

　　專(zhuān)業(yè)化學(xué)品業(yè)務(wù)在2016年的銷(xiāo)售額為48億歐元，該業(yè)務(wù)部門(mén)擁有廣泛的領(lǐng)先技術(shù)和化學(xué)品產(chǎn)品組合，服務(wù)于包括建筑，工業(yè)和消費(fèi)品在內(nèi)的各類(lèi)終端用戶(hù)。通過(guò)拆分，專(zhuān)業(yè)化學(xué)品業(yè)務(wù)將繼續(xù)在各個(gè)細(xì)分市場(chǎng)上建立并加強(qiáng)其領(lǐng)先地位。

　　作為拆分工作的一部分，阿克蘇諾貝爾將考慮專(zhuān)業(yè)化學(xué)品業(yè)務(wù)的各種替代性股權(quán)結(jié)構(gòu)方案，包括但不限于：建立一個(gè)獨(dú)立的上市實(shí)體。公司將在保證股東價(jià)值最大化的原則下，考慮各個(gè)利益相關(guān)方，以此確定最終方案。

　　在作出這一決定之前，阿克蘇諾貝爾已確定拒絕PPG工業(yè)集團(tuán)的收購(gòu)要約，這是一份就阿克蘇諾貝爾股本下已發(fā)行普通股做出的單方面的、非約束性、有條件的收購(gòu)要約, 大大低估了阿克蘇諾貝爾的價(jià)值，并且不利于公司股東，客戶(hù)和員工等相關(guān)者的利益。

　　阿克蘇諾貝爾首席執(zhí)行官唐博納(Ton Büchner)表示：

　　“我們的專(zhuān)業(yè)化學(xué)品業(yè)務(wù)在許多細(xì)分市場(chǎng)保持領(lǐng)先地位，公司對(duì)這塊業(yè)務(wù)所創(chuàng)造的歷史和成績(jī), 以及為我們的員工深感自豪。我們正在審議將其拆分的戰(zhàn)略選擇，從而讓我們更加專(zhuān)注于專(zhuān)業(yè)化學(xué)品業(yè)務(wù)、裝飾漆業(yè)務(wù)和高性能涂料業(yè)務(wù)，進(jìn)一步鞏固它們?cè)诟髯允袌?chǎng)的領(lǐng)導(dǎo)地位。

　　正如我們?cè)诮衲?月公布的全年財(cái)報(bào)中所說(shuō)，公司現(xiàn)在更精簡(jiǎn)、更靈活，并建立了堅(jiān)實(shí)的財(cái)務(wù)和運(yùn)營(yíng)基礎(chǔ)，專(zhuān)注于業(yè)務(wù)增長(zhǎng)。近年來(lái)，阿克蘇諾貝爾在盈利方面屢創(chuàng)新高，并在戰(zhàn)略層面取得了重大的飛躍，也促成了我們做出這一決定。

　　因?yàn)榻�期發(fā)生的事件, 這一決定被我們提上議程。 PPG提供的單方面收購(gòu)要約，大大低估了阿克蘇諾貝爾的價(jià)值，并蘊(yùn)含重大的風(fēng)險(xiǎn)和不確定性。其收購(gòu)方案不利于包括阿克蘇諾貝爾股東、客戶(hù)和員工在內(nèi)所有相關(guān)方之利益，因而我們一致決定拒絕這一要約。 公司的董事會(huì)，高層團(tuán)隊(duì)和成千上萬(wàn)的員工和我一樣，堅(jiān)信阿克蘇諾貝爾公司的潛力是無(wú)限的，有待我們自己去發(fā)掘。

　　我們堅(jiān)守公司對(duì)社會(huì)的承諾，并將繼續(xù)在全球不同市場(chǎng)推動(dòng)投資、進(jìn)行研發(fā)創(chuàng)新, 推進(jìn)可持續(xù)發(fā)展。”

　　阿克蘇諾貝爾公司確認(rèn)，PPG工業(yè)集團(tuán)對(duì)阿克蘇諾貝爾的全面股本公開(kāi)做出了事先未經(jīng)商議，非約束性且有前提條件的收購(gòu)要約，收購(gòu)阿克蘇諾貝爾每股對(duì)價(jià)為現(xiàn)金54.00歐元外加0.3股PPG工業(yè)股票 (相當(dāng)于2017年2月28日每股價(jià)格為83.00歐元，含2016年股息)。

　　阿克蘇諾貝爾董事會(huì)、監(jiān)事會(huì)與其財(cái)務(wù)和法律顧問(wèn)已經(jīng)共同審議并考慮了PPG的收購(gòu)要約。在審議過(guò)程中，董事會(huì)、監(jiān)事會(huì)也就阿克蘇諾貝爾包括股東在內(nèi)的所有利益相關(guān)方的長(zhǎng)期利益進(jìn)行了討論。

　　董事會(huì)、監(jiān)事會(huì)一致認(rèn)為，PPG的收購(gòu)建議大幅低估了阿克蘇諾貝爾公司的價(jià)值，未能反映出公司的長(zhǎng)期增長(zhǎng)和創(chuàng)造價(jià)值的潛力。董事會(huì)、監(jiān)事會(huì)還得出結(jié)論，該要約的股權(quán)部分存有包括擬定組合的高杠桿風(fēng)險(xiǎn)的重大問(wèn)題。他們還認(rèn)為，該要約將給股東帶來(lái)重大可實(shí)現(xiàn)性以及時(shí)間方面的風(fēng)險(xiǎn)，具體包括反壟斷，退休金計(jì)劃, 以及擬定整合方案的可實(shí)現(xiàn)性等風(fēng)險(xiǎn)。

　　阿克蘇諾貝爾的董事會(huì)、監(jiān)事會(huì)同時(shí)認(rèn)為：該收購(gòu)要約不利于公司客戶(hù)和員工等相關(guān)方, 并將對(duì)阿克蘇諾貝爾在社會(huì)經(jīng)濟(jì)方面的努力帶來(lái)不利影響，其中包括影響 公司對(duì)全球長(zhǎng)期以來(lái)對(duì)社區(qū)和研發(fā)做出的重大貢獻(xiàn)，和對(duì)可持續(xù)發(fā)展的長(zhǎng)期承諾。該要約不符合阿克蘇諾貝爾員工的利益，并將給全球數(shù)千個(gè)工作崗位帶來(lái)潛在的不確定性。

　　最后, 在此問(wèn)題上，阿克蘇諾貝爾沒(méi)有與PPG進(jìn)行任何對(duì)話(huà)，也沒(méi)有提議、或接受任何對(duì)話(huà)。

　　此公告是阿克蘇諾貝爾公司根據(jù)“歐洲市場(chǎng)濫用法”(596/2014)第17節(jié)第1段發(fā)布的公告。 本公告并不構(gòu)成阿克蘇諾貝爾公司就購(gòu)買(mǎi)或認(rèn)購(gòu)任何證券而發(fā)出的要約或任何要約邀請(qǐng)。

中文譯稿僅供參考，所有內(nèi)容均以英文稿為準(zhǔn)

AkzoNobel reviewing strategic options to separate Specialty Chemicals

AkzoNobel rejects an unsolicited indicative proposal from PPG

　　AkzoNobel, one of the world’s leadingpaints, coatings and chemicals companies announces todaya review of strategic options for the separation of its Specialty Chemicals business.

　　The Specialty Chemicals business, which had revenues of €4.8 billion in 2016, is stronglypositioned with a broad portfolio of leading technologies and chemicals which service a wide rangeof end-user segments including construction, industrial and consumer goods. The separation willallow the Specialty Chemicals business to continue to build and accelerate its market-leadingpositions across a range of market segments.

　　As part of the separation, AkzoNobel will consider various alternative ownership structures for theSpecialty Chemicals business including, but not limited to, the establishment of an independentlisted entity. The ultimate structure will be determined by reference to shareholder valuemaximization as well as broader stakeholder considerations.

　　Today’s decision was brought forward following confirmation that AkzoNobel has rejected anunsolicited, non-binding and conditional proposal from PPG Industries Inc. for all of the issued andoutstanding ordinary shares in the capital of AkzoNobel. PPG’s proposal substantially undervaluesAkzoNobel and is not in the interest of its stakeholders, including its shareholders, customers andemployees.

　　Ton Büchner, CEO, AkzoNobel:

　　“Our Specialty Chemicals business is an industry leader in many of the markets in which itoperates and we are extremely proud of its heritage, performance and people. We are reviewingstrategic options to separate it from the company to create focus for both Specialty Chemicals andthe Decorative Paints and Performance Coatings group, allowing them to build further on theirrespective leadership positions.

　　“As stated at our full-year results announcement in February, we are now a leaner, more agilecompany with a solid financial and operational foundation and a focus on growth. AkzoNobel hasenjoyed a record performance in recent years in terms of profitability and has made significantstrategic progress, allowing us to take this decision.

　　“Our decision today was brought forward due to recent events. The unsolicited proposal wereceived from PPG substantially undervalues our company and contains serious risks anduncertainties. The proposal is not in the interest of AkzoNobel’s stakeholders, including itsshareholders, customers and employees, and we have unanimously rejected it. Along with mycolleagues on our Boards, our executive team and our thousands of employees, I firmly believethat AkzoNobel is best placed to unlock the value within our company ourselves.

　　“We understand our role in society and want to protect our ability to continue to invest incommunities, research and development, innovation and sustainability in the countries in which weoperate.”

　　AkzoNobel confirms it received an unsolicited, non-binding and conditional proposal from PPG fora public offer on all of the issued and outstanding ordinary shares in the capital of AkzoNobel at aprice of €54.00 in cash and 0.3 PPG shares per AkzoNobel share, corresponding to a value of€83.00 per share as per 28 February, 2017 (cum final dividend 2016).

　　The Board of Management and Supervisory Board of AkzoNobel have carefully reviewed andconsidered the proposal by PPG, together with their financial and legal advisors. In doing so, theBoards have taken into account the long-term interests of all AkzoNobel stakeholders, including theshareholders.

　　The Boards have unanimously concluded that the PPG proposal substantially undervaluesAkzoNobel by failing to reflect the long-term value creation potential of the company. The Boardshave also concluded that the equity component of the proposal has significant issues, including thehigh leverage of the proposed combination. They also believe the proposal carries significantdelivery and timing risk for shareholders, both in relation to substantial anti-trust issues, pensionschemes and the achievability of proposed synergies.

　　The Board of Management and the Supervisory Board of AkzoNobel also believe the proposal isnot in the interest of stakeholders including its customers and employees. The proposal would bedetrimental to the societies and economies in which AkzoNobel operates, including potentiallyjeopardizing the company’s major contribution to communities and research & developmentorganizations globally and its deep commitment to sustainability. The proposal is not in theinterests of AkzoNobel employees and would create potential uncertainty for thousands of jobsworldwide.

　　AkzoNobel did not initiate nor has it encouraged or entertained any conversations with PPG on thismatter.

　　This is a public announcement by AkzoNobel N.V. pursuant to section 17 paragraph 1 of theEuropean Market Abuse Regulation (596/2014). This public announcement does not constitute anoffer, or any solicitation of any offer, to buy or subscribe for any securities in AkzoNobel N.V.