AkzoNobel , Axalta gain conditional EU antitrust approval for $25 billion merger

Investing.com · 2026-11-06 16:21 UTC

AkzoNobel , Axalta gain conditional EU antitrust approval for $25 billion merger

By Foo Yun Chee

BRUSSELS, Nov 6 (Reuters) - Dulux paint maker Akzonobel and U.S. peer Axalta have secured EU approval for their $25 bln merger after agreeing to sell assets in Europe to address competition concerns, EU antitrust regulators said on Friday.

The companies announced the deal in November last year, part of a wave of consolidation in the sector which faces rising costs and uncertainties created by U.S. tariffs.

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