Axalta Coating Systems-AkzoNobel Merger Reportedly Set for EU Approval
MT newswire2026/10/08 18:4202:42 PM EDT, 10/08/2026 (MT Newswires) -- Axalta Coating Systems (AXTA) and AkzoNobel are expected to obtain antitrust approval from the EU's European Commission for their $25 billion merger, with Axalta's vehicle refinish business to be sold to alleviate competition concerns, multiple media outlets reported Thursday, citing sources familiar with the matter. The companies are set to submit their concessions next week, which will extend the commission's Oct. 22 deadline by 10 working days, according to the report. The European Commission, Axalta, and AkzoNobel did not immediately reply to a request for comment from MT Newswires. Price: 32.79, Change: -0.01, Percent Change: -0.02
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Shanghai fuel oil futures briefly touched 4,200 yuan/ton, down 1.96% intraday
Brent crude oil main futures fell 1.03% intraday to $96.98 per barrel.
Brent crude oil futures main contract fell 1.03% intraday to $96.98 per barrel.
Japan to reduce the cost burden of using liquefied petroleum gas and kerosene
Crypto prices
More
