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Stock impact report

Akzo Nobel to Acquire Axalta in $9.2 Billion Paint Deal [Yahoo! Finance]

Axalta Coating Systems Ltd. Common Shares (AXTA) 
Last axalta coating systems ltd. common shares earnings: 1/30 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
Uncertainty and trade tensions will continue to mute economic growth at around 1% a year for the following two years, the Dutch central bank said. Photographer: Lina Selg/Bloomberg (Bloomberg) -- Akzo Nobel NV agreed to acquire smaller rival paint maker Axalta Coating Systems Ltd. in a €7.9 billion ($9.2 billion) deal that will create a US-listed leader in the consolidating industry. Under the deal, which confirmed an earlier report by Bloomberg News, Amsterdam-based Akzo Nobel will own 55% of the combined companies, whose brands range from Dulux to Cromax. After trading for some three decades in Amsterdam, the share listing will move to New York while the companies will maintain headquarters in the Netherlands and Philadelphia. Most Read from Bloomberg What It Takes to Defeat the Leaf Blowers Bots, Billionaires Behind Gen Z March in Mexico, Sheinbaum Says Senator Calls for Evacuation of ICE Site After Contract Lapse Chicago's ‘Job Killer' Corporate Tax Plan Rejected by Show less Read more
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