AMSTERDAM, the Netherlands - AkzoNobel N.V. has completed the sale of its Adhesives and Electronic Materials businesses, part of the former ICI’s National Starch business, to Henkel KGaA for £2.7 billion (€4 billion).

The agreement to sell the businesses to Henkel was announced when AkzoNobel made its offer for ICI Group in August 2007. The transaction was subject to the completion of AkzoNobel’s offer for ICI and clearance by relevant antitrust authorities. Both conditions have now been met.