AkzoNobel and Axalta Near U.S. and EU Merger Approvals
The companies are nearing approvals for their $25 billion merger. Regulators have asked for the sale of AkzoNobel’s European vehicle refinishing business and Axalta’s U.S. wood finishes business as the only remedies.
AkzoNobel and Axalta are nearing U.S. and EU approval for their $25 billion merger. Regulators have requested only the sale of AkzoNobel’s European vehicle refinishing business and Axalta’s U.S. wood finishes business as remedies, according to the Dutch paint…