Items Tagged with 'Axalta Coating Systems'

The companies say their European refinish divestiture should resolve the U.K. concern. The regulator still has to decide whether it is enough.

The companies cleared a major regulatory hurdle after agreeing to sell a business tied to the EU’s competition concerns.

The report points to softer pastels, deeper reds and browns, nature-technology hybrids and evolving neutrals as influences on vehicle design over the next three to five years.

Sherwin-Williams, Axalta and Eastman reported higher quarterly sales, but segment margins, volumes and regional demand are more complicated. 

An SEC filing identifies the North American Building Products business as the companies pursue divestitures needed to advance their proposed merger.

Responses to the proposed combined-company name ranged from congratulations to questions about pronunciation, memorability and continuity with the two legacy identities.

The companies submitted commitments Oct. 15, extending the European Commission’s preliminary review to Nov. 6.

One day after revealing the combined company’s new name, AkzoNobel has called shareholders back for another merger-related vote.

The companies have chosen a name and planned stock ticker for their proposed combination. See the new identity and what stays the same until closing.

A potential sale of AkzoNobel’s vehicle-refinish business could help the proposed $25 billion merger secure EU approval, according to Reuters.