AkzoNobel , Axalta Gain Conditional EU Antitrust Approval for $25 Billion Merger
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The European Commission has approved the merger between paint manufacturers AkzoNobel and Axalta. However, there is a condition: AkzoNobel must divest its European division that produces automotive paints. The Commission believes that otherwise, the combination would become too large in terms of paints. Garages that repair cars could then face high prices. Garages cannot easily switch to another supplier because they use specialized equipment f…
Reformatorisch Dagblad
Paint and coatings manufacturer AkzoNobel has received permission from the European Commission to merge with its American competitor Axalta. However, the Dutch group must divest a business unit to do so, the EU's executive body stipulates as a condition.
European Commission approves AkzoNobel and Axalta merger of equals
AMSTERDAM and PHILADELPHIA, Nov. 06, 2026 (GLOBE NEWSWIRE) -- Akzo Nobel N.V. (AKZA; AKZOY) ('AkzoNobel”) and Axalta Coating Systems Ltd. (NYSE:AXTA) ('Axalta”) today received conditional approval from the European Commission for their proposed all-stock merger of equals, which will create a premier global coatings company. The transaction is expected to close in early 2027 subject to pending regulatory approvals.
AkzoNobel , Axalta gain conditional EU antitrust approval for $25 billion merger
BRUSSELS, Nov 6 (Reuters) - Dulux paint maker Akzonobel and U.S. peer Axalta have secured EU approval for their $25 bln merger after agreeing to sell assets in Europe to address competition concerns, EU antitrust regulators said on Friday.
BRUSSELS (ANP) - Paint and coatings manufacturer AkzoNobel has received permission from the European Commission to merge with its American competitor Axalta. However, the Dutch group must divest a division to do so, the EU's executive body stipulates as a condition. In Brussels, there were concerns...
European Commission Approves AkzoNobel-Axalta Merger With Sale of European Refinish Business
The merger cannot close until the Commission approves a buyer, which must already be active in coatings or a related industry. The European Commission has approved the all-stock merger of equals between AkzoNobel N.V. and Axalta Coating Systems Ltd. on the condition that AkzoNobel sell its European vehicle refinish business, the companies announced Nov. 6. …
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