AkzoNobel-Axalta Merger's Main Antitrust Hurdle is Auto Coatings -- Market Talk

Dow Jones

Nov 19

1515 GMT - A proposed merger between Dutch paints maker AkzoNobel and U.S. peer Axalta could find its main antitrust issue in the companies' coatings operations for the auto market, according to UBS. Potential regulatory hurdles to get the deal approved will be at the top of investors' minds, analysts at UBS say in a research note. From a competition perspective, the focus will be on the companies' overlap in coatings for the auto market, UBS says. Another issue that will be in focus for investors is how much of the $600 million in expected cost savings from the merger relates to the headcount reductions and industrial transformation that Akzo is currently working on, the analysts say. Akzo shares fall 2.1%, while Axalta rises 2.4%. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

November 19, 2025 10:15 ET (15:15 GMT)

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Potential regulatory hurdles to get the deal approved will be at the top of investors' minds, analysts at UBS say in a research note. From a competition perspective, the focus will be on the companies' overlap in coatings for the auto market, UBS says. Another issue that will be in focus for investors is how much of the $600 million in expected cost savings from the merger relates to the headcount reductions and industrial transformation that Akzo is currently working on, the analysts say. Akzo shares fall 2.1%, while Axalta rises 2.4%. (adria.calatayud@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 19, 2025 10:15 ET (15:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AkzoNobel-Axalta Merger's Main Antitrust Hurdle is Auto Coatings -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAkzoNobel-Axalta Merger's Main Antitrust Hurdle is Auto Coatings -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-11-19 23:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1515 GMT - A proposed merger between Dutch paints maker AkzoNobel and U.S. peer Axalta could find its main antitrust issue in the companies' coatings operations for the auto market, according to UBS. Potential regulatory hurdles to get the deal approved will be at the top of investors' minds, analysts at UBS say in a research note. From a competition perspective, the focus will be on the companies' overlap in coatings for the auto market, UBS says. Another issue that will be in focus for investors is how much of the $600 million in expected cost savings from the merger relates to the headcount reductions and industrial transformation that Akzo is currently working on, the analysts say. Akzo shares fall 2.1%, while Axalta rises 2.4%. (adria.calatayud@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 19, 2025 10:15 ET (15:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0006061336.USD","symbol_name":"Blackrock US Small and MidCap Opportunities A2 USD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2584994027","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584994027","pubTimestamp":1763565300,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1515 GMT - A proposed merger between Dutch paints maker AkzoNobel and U.S. peer Axalta could find its main antitrust issue in the companies' coatings operations for the auto market, according to UBS. Potential regulatory hurdles to get the deal approved will be at the top of investors' minds, analysts at UBS say in a research note. From a competition perspective, the focus will be on the companies' overlap in coatings for the auto market, UBS says. Another issue that will be in focus for investors is how much of the $600 million in expected cost savings from the merger relates to the headcount reductions and industrial transformation that Akzo is currently working on, the analysts say. Akzo shares fall 2.1%, while Axalta rises 2.4%. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","BK4561":"索罗斯持仓","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","AXTA":"艾仕得涂料系统","BK4109":"特种化学制品","AKZOY":"Akzo Nobel N.V."},"translate_title":"阿克苏诺贝尔与艾仕得合并的主要反垄断障碍是汽车涂料——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AKZOY":0.9,"AXTA":0.9},"content_text":"1515 GMT - A proposed merger between Dutch paints maker AkzoNobel and U.S. peer Axalta could find its main antitrust issue in the companies' coatings operations for the auto market, according to UBS. Potential regulatory hurdles to get the deal approved will be at the top of investors' minds, analysts at UBS say in a research note. From a competition perspective, the focus will be on the companies' overlap in coatings for the auto market, UBS says. Another issue that will be in focus for investors is how much of the $600 million in expected cost savings from the merger relates to the headcount reductions and industrial transformation that Akzo is currently working on, the analysts say. Akzo shares fall 2.1%, while Axalta rises 2.4%. (adria.calatayud@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 19, 2025 10:15 ET (15:15 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}