only because they operate numerous duluxs brands and therefore might be appealing. They’ve also been attacked by ppg which is another possible suitor so buying dulux aus might help protect them.
If I had to guess from an outsiders perspective with little understanding of the global paint industry I’d say the chance this deal completes is probably 90% 5% chance there’s a higher bid 5% chance it falls over
DLX Price at posting:
$9.85 Sentiment: Hold Disclosure: Held