AkzoNobel in Merger Talks With Axalta

  • Author: ChemistryViews.org
  • Published: 31 October 2017
  • Copyright: Wiley-VCH Verlag GmbH & Co. KGaA
  • Source / Publisher: AkzoNobel
  • Associated Suppliers: Akzo Nobel / Imperial Chemical Industries (ICI), Amsterdam / London
thumbnail image: AkzoNobel in Merger Talks With Axalta

AkzoNobel confirms it is currently in constructive discussions regarding a merger of the AkzoNobel Paints & Coatings business with Axalta. This will create a leading global paints & coatings company through a merger of equals. AkzoNobel has close to three times the market value of Axalta. The merger would create a $30 billion company.


AkzoNobel’s separation of Specialty Chemicals, including the return of the vast majority of net proceeds to shareholders, remains on track for April 2018 and is unaffected by the merger discussions.


 

Article Views: 215

Sign in Area

Please sign in below

Additional Sign In options

Please note that to comment on an article you must be registered and logged in.
Registration is for free, you may already be registered to receive, e.g., the newsletter. When you register on this website, please ensure you view our terms and conditions. All comments are subject to moderation.

Article Comments - To add a comment please sign in

Bookmark and Share

If you would like to reuse any content, in print or online, from ChemistryViews.org, please contact us first for permission. more


CONNECT:

ChemistryViews.org on Facebook

ChemistryViews.org on Twitter ChemistryViews.org on YouTube ChemistryViews.org on LinkedIn Sign up for our free newsletter


A product of ChemPubSoc Europe (16 European Chemical Societies)and Wiley-VCH