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Axalta Coating Systems and Akzo Nobel N.V. have announced a proposed merger of equals to create a global coatings leader. The companies expect approximately $600 million in cost synergies and 100-200 basis points of revenue synergies.
“Axalta Coating Systems Ltd. and Akzo Nobel N.V. describe a proposed merger of equals that would create a global coatings leader with a top-tier portfolio across seven key end markets and roughly 100 recognized brands.”stocktitan.net
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