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AkzoNobel to divest its North American Decorative Paints business  

| By Gerald Ondrey

AkzoNobel (Amsterdam, The Netherlands; www.akzonobel.com) today announced the divestment of its North American Decorative Paints business to PPG Industries, Inc. (PPG; Pittsburgh, Pa.; www.ppg.com), for the value of $1.05 billion. In 2011, the North American…