Total subsidiary acquires Akzo coatings unit.(Akzo Nobel N.V.)(Cray Valley S.A.)(Brief Article)

Cray Valley, a Total subsidiary, says it has agreed to acquire the ultra violet/electron beam (UV/EB) resins business of Akzo Nobel for an undisclosed amount. The deal is expected to close by year-end. The business has production at Eccles, U.K. and New Brunswick, NJ, and generates sales of 27 million [euro]/year ($33 billion), Akzo says. Selling UV/EB resins, consisting