AkzoNobel to sell Southeast Asia paints business to Nippon Paint for $1.35 billion ↧ ↧ AkzoNobel to sell Southeast Asia paints business to Nippon Paint fo... AkzoNobel said on Monday it has agreed to sell its Southeast Asian decorative paints business to ​Nippon Paint for $1.35 billion, completing a review of its ‌Asian decorative paints portfolio.