AkzoNobel’s CEO said the European refinish sale and Axalta’s North American wood coatings sale are the only remedies regulators have requested. AkzoNobel N.V. confirmed Oct. 21 that it plans to sell its European vehicle refinish business to win European Commission approval of its roughly $25 billion merger with Axalta Coating Systems Ltd., while Axalta plans […]
AkzoNobel Sets Nov. 30 Extraordinary Meeting on Axanzo Name and Final Board Seats
Shareholders will vote to adopt the Axanzo N.V. name and seat three non-executive directors ahead of the Axalta merger’s expected early 2027 close. AkzoNobel N.V. (AMS: AKZA; OTCMKTS: AKZOY) will hold an extraordinary general meeting Nov. 30 at which shareholders will vote on renaming the company that emerges from its planned merger with Axalta Coating […]
AkzoNobel and Axalta Choose Axanzo as Name for Combined Company
AkzoNobel N.V. (AMS: AKZA; OTCMKTS: AKZOY) and Axalta Coating Systems Ltd. (NYSE: AXTA) will operate under the name Axanzo once their planned merger closes, the companies announced Oct. 15. The combined company expects to trade under the ticker symbol AXZ on the New York Stock Exchange and Euronext Amsterdam after closing. The companies said closing […]