AkzoNobel is holding merger talks with coatings maker

Posted on 31 Oct 2017 by Jonny Williamson

AkzoNobel has confirmed it is currently in constructive discussions regarding a merger of the AkzoNobel Paints & Coatings business with coatings manufacturer Axalta.

AkzoNobel confirms that its separation of Specialty Chemicals – image courtesy of AkzoNobel. AkzoNobel has announced it was in talks about a merger of equals in what would be the first major deal by chief executive Thierry Vanlancker. Vanlancker took over in July after Akzo spurned a €26bn ($30.2bn) offer from…

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