Akzo Nobel and Axalta announce $25 billion merger creating global coating powerhouse
The merger will leverage synergies and enhance market presence, with leadership roles unified and dual headquarters in Amsterdam and Philadelphia
Akzo Nobel N.V. and Axalta Coating Systems Ltd. have agreed to an all-stock merger of equals, creating a global coatings company with an enterprise value estimated at $25 billion and projected revenue of $17 billion.
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