AkzoNobel could sell unit to Nippon Paint for over $1 billion, FT reports

Oct 4 (Reuters) - AkzoNobel is nearing a deal to sell its south-east Asian decorative paints business to Nippon Paint for well over $1 billion, the Financial Times reported on Sunday citing people familiar with the matter.

Reuters could not immediately verify the FT report. 

(Reporting by Rishabh Jaiswal in Bengaluru; Editing by Nia Williams)