AkzoNobel and Axalta Near Merger Approvals
AkzoNobel and Axalta are nearing US and EU approvals for their merger. The companies agreed to sell two specific business units as the only required regulatory remedies. The $25 billion deal is on track to close in early 2027.
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Akzo Nobel N.V. and Axalta Coating Systems Ltd. are closing in on regulatory clearances for their $25 billion merger after agreeing to divest two specific business units. The proposed divestitures satisfy competition watchdogs in the United States and Europe without demanding further structural concessions. Chief Executive Officer Greg Poux-Guillaume said the path is clear to finalize the transaction in early 2027.
