AkzoNobel, Axalta Given a Week to Address UK Regulator Concerns Over $25 Billion Merger
UK regulators gave AkzoNobel and Axalta a week to address concerns over their proposed $25 billion merger.
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08:37:56 AM UTC
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Dulux paint maker AkzoNobel EURONEXT:AKZA and US peer Axalta's NYSE:AXTA $25 billion merger raises competition concerns in the UK vehicle refinish coatings market, Britain's competition watchdog said on Wednesday, giving them a week to offer remedies or face a deeper probe.The companies announced t…