AkzoNobel and Axalta Agree to Combine in $25 Billion All-Stock Deal
Reuters
Nov 18, 2025
AkzoNobel and Axalta Agree to Combine in $25 Billion All-Stock Deal
Akzo Nobel N.V. and Axalta Coating Systems Ltd. have entered into a definitive agreement to combine in an all-stock merger, creating a global coatings company with an enterprise value of approximately $25 billion. The combined company will adopt a new name and ticker symbol, which will be announced later, and will operate dual headquarters in Amsterdam and Philadelphia, with a Dutch holding company structure. Axalta shareholders will receive 0.6539 shares of AkzoNobel stock for each share of Axalta common stock owned. The new entity will initially have a dual listing on Euronext Amsterdam and the New York Stock Exchange before transitioning to a sole NYSE listing. The board will be chaired by current Axalta Chair Rakesh Sachdev, and AkzoNobel CEO Greg Poux-Guillaume will serve as CEO of the combined company.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Axalta Coating Systems Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9577689-en) on November 18, 2025, and is solely responsible for the information contained therein.
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