Akzo, Axalta to offer vehicle coating remedy to UK competition authority
( November 11, 2026, 08:53 GMT | Official Statement) -- MLex Summary: AkzoNobel said it plans to offer remedies to the UK competition authority in its proposed merger with Axalta, concentrating on vehicle refinish coatings in the UK. The companies will address competition concerns by divesting AkzoNobel’s European vehicle refinish coatings business, including its UK operations, under a remedy package already agreed with the European Commission. The companies said they remained confident the merger will close by early 2027.The statement follows:...
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