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UK Probe Into AkzoNobel Axalta Merger

Britain's competition watchdog has launched an investigation into AkzoNobel's planned twenty-five billion dollar merger with Axalta. The regulator set a November deadline to assess potential market impacts.

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Cans of Dulux paint, an AkzoNobel brand, are seen on the shelf of a DIY retail store in Manchester, Britain, June 14, 2024. REUTERS/Phil Noble

The United Kingdom's competition watchdog launched an antitrust probe Thursday morning into AkzoNobel's $25B merger with AXALTA COATING SYSTEMS LTD.
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