trending Market Intelligence /marketintelligence/en/news-insights/trending/zvvk7qaof77t1cvabpsszg2 content esgSubNav
In This List

Swire Pacific sells paints businesses

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

The Future of Risk Management Digitization in Credit Risk Management

Blog

Climate Credit Analytics: Diving into the model

Video

How to use ESG Heat Maps in Credit Risk Analysis


Swire Pacific sells paints businesses

Hong Kong-based property company Swire Pacific Ltd. agreed to sell its entire interest in Swire Duro (Holdings) Ltd. and 40% interest in Akzo Nobel Swire Paints Ltd. for HK$2.7 billion to Dutch company Akzo Nobel NV.

The sale is part of Swire' strategy to offload potentially valueless businesses. Upon the deal's completion, the company will no longer own any interest in the paints business.