AkzoNobel's bid for Axalta under review by Australian watchdog
( June 25, 2026, 06:09 GMT | Official Statement) -- MLex Summary: AkzoNobel's proposed acquisition of Axalta is under review by Australia's competition watchdog. The Australian Competition & Consumer Commission said the merger would combine two major global coatings manufacturers, whose Australian businesses overlap in the supply of vehicle refinish coatings and powder coatings. AkzoNobel is headquartered in the Netherlands, while Axalta Coating Systems is based in the US. The watchdog has opened consultation on the transaction and published a questionnaire for interested parties to provide feedback. The deadline for submissions is Tuesday. Statement follows. Determination attached. ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.