Corn Products International (CPO) agrees to buy AkzoNobel's (AKZOY.PK) National Starch business...

|About: Akzo Nobel N.V. ADR (AKZOY)|By:, SA News Editor

Corn Products International (CPO) agrees to buy AkzoNobel's (AKZOY.PK) National Starch business for $1.3B in cash. The deal will create a new sugars-and-starch giant with $5B in revenues, and will be Corn Products' first major deal since its aborted attempt to sell itself two years ago. (PR)