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Tag: Axalta

  • Akzo Nobel and Axalta Merger Shakes Up Paint Industry

    Akzo Nobel and Axalta Merger Shakes Up Paint Industry

    Dutch paint maker Akzo Nobel is splashing into US with plans to buy Philadelphia-based rival Axalta Coating Systems for roughly $9.2 billion in stock. The move will create the world’s second-largest coatings company, trailing only Cleveland-based Sherwin-Williams. The deal is part of a wave of consolidation that recently saw private equity firm Carlyle buy BASF’s…

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