# AkzoNobel and Axalta shareholders approve $25B merger

Shareholders of AkzoNobel and Axalta voted on August 5, 2026 to approve the proposed all-share merger of equals, valued at $25 billion. The transaction still requires regulatory approval.

- Type: Acquisition
- Announced: 2026-08-05
- Value: $25.0B
- Status: announced
- Products: coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [AkzoNobel](https://endata.com/companies/11242.md)
- [AkzoNobel](https://endata.com/companies/11242.md) (acquirer)
- [Axalta Coating Systems](https://endata.com/companies/19638.md) (target)
- [Axalta](https://endata.com/companies/25499.md) (target)

## Sources

- [pcimag.com](https://www.pcimag.com/articles/115008-akzonobel-axalta-shareholders-approve-25-billion-merger), 2026-08-05: "Shareholders of both companies backed the proposed all-share combination, clearing a key condition while regulatory review continues."
- [ainvest.com](https://www.ainvest.com/news/akzonobel-axalta-set-final-board-merger-priced-9x-ebitda-earn-discount-2609/), 2026-08-31: "AkzoNobel and Axalta AXTA-- named the last three directors who will sit on the combined company's board once their all-stock merger closes"
- [chemeurope.com](https://www.chemeurope.com/en/news/mergers/business/akzonobel/order_trn/), 2026-09-01: "Akzo Nobel N.V. and Axalta Coating Systems Ltd. announced that Stephan B. Tanda, Denise C. Johnson and Robert Schuchna have agreed to serve as non-executive Directors of the combined company upon completion of their pending merger of equals."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.