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Akzo Nobel N.V. proposes an all-share merger of equals with Axalta Coating Systems Ltd. The exchange ratio is 0.6539 AkzoNobel share per Axalta share, with a pro forma ownership split of approximately 55% AkzoNobel / 45% Axalta. The combined business is projected to have revenue of USD 17 billion.
“Akzo Nobel N.V. proposes an all-share merger of equals with Axalta Coating Systems Ltd.”stocktitan.net
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