Akzo Nobel NV’s largest shareholder on Thursday became the latest investor to urge the Dutch paint-and-chemicals maker to start negotiations with U.S. rival PPG Industries Inc. over its $24 billion takeover offer. On Wednesday, Amsterdam-based Akzo rejected a second, sweetened offer by PPG and said it didn’t warrant discussions. But in a letter to Akzo’s board, Causeway Capital Management LLC. said that while PPG’s latest offer was...

Source: Wall Street Journal March 23, 2017 15:16 UTC