Akzo Nobel Chemicals Ltd

1. Title of report: Valhi Inc and Akzo NV (MMC - Cm 1387)

2. Date of report: 29 November 1990 Published: 9 January 1991

3. Orders: N/A

4. Date of original undertakings: 2 May 1991

5. Companies giving undertakings: Akzo Nobel Chemicals Ltd (formerly Akzo Chemicals Ltd)

6. Details of undertakings: Undertakings not to dispose

(i) (a) Not to dispose to Valhi of any interest in any United Kingdom enterprise involved in the production or supply of organoclays, organics or organic pastes;

(b) Except in the ordinary course of business, not to dispose to Valhi of any assets which are employed in any such enterprise.

(ii) Nothing in undertaking (i) above prohibits either:

(a) the grant of any non-exclusive licence of intellectual property; or

(b) the disposal of any shares or interest in shares in any company in which Valhi holds or has an interest in 10 per cent or less of the issued share capital and has not more than 10 per cent of the voting rights.

7. Date of amendments: N/A

8. SIC code: 24.66 (Organoclays, organics and organic pastes)

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