EU Grants Conditional Approval for AkzoNobel-Axalta $25 Billion Merger
The companies agreed to sell European assets to address competition concerns, EU antitrust regulators said.
By Foo Yun CheeDulux paint maker Akzonobel EURONEXT:AKZA and U.S. peer Axalta NYSE:AXTA have secured EU approval for their $25 bln merger after agreeing to sell assets in Europe to address competition concerns, EU antitrust regulators said on Friday.The companies announced the deal in November last…