✉news WorldEU Politics first seen 4 h ago, last 2 h ago, peak #28
AkzoNobel and Axalta Near EU Approval for $25 Billion Merger
Original: CPI | AkzoNobel, Axalta Near EU Approval for $25 Billion Merger
Dutch coatings maker AkzoNobel and US rival Axalta are reportedly close to securing European Union approval for their roughly $25 billion merger, a deal that would unite two of the world's largest paint and coatings producers. EU clearance is seen as the key regulatory hurdle for the combination, which industry watchers expect to reshape competition in the global coatings market.
Why now: Reports that EU antitrust clearance is imminent put one of the largest coatings-industry mergers back in focus
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