From TokenPost · · 40s
AkzoNobel Begins Buyer Search for European Refinishing Business
AkzoNobel starts buyer search for European vehicle refinishing business to meet merger regulatory requirements.
In brief
AkzoNobel starts buyer search for European vehicle refinishing business to meet merger regulatory requirements. AkzoNobel began contacting potential buyers for its European vehicle refinishing business to meet regulatory requirements for its proposed merger with Axalta Coating Systems. Originally reported by TokenPost.
AkzoNobel starts buyer search
AkzoNobel began contacting potential buyers for its European vehicle refinishing business to meet regulatory requirements for its proposed merger with Axalta Coating Systems.
Regulatory review ongoing
The European Commission’s review remained ongoing in Phase I with a provisional decision deadline of November 6, 2023.
Merger timeline updated
The merger target was moved from late 2026 to early 2027, subject to regulatory approvals and closing conditions.
In short
AkzoNobel began contacting potential buyers for its European vehicle refinishing business to meet regulatory requirements for its proposed merger with Axalta Coating Systems.
