Nippon Paint makes all-cash offer to acquire Axalta Coating Systems

Nippon Paint Holdings made an all-cash offer to acquire Axalta Coating Systems, after merger talks between Axalta and Akzo Nobel ended without agreement.

“Nippon Paint confirmed it has made 'a proposal' to Axalta but declined to give details, adding there is no assurance the two will reach any agreement.”reuters.com

• 2 sources
• reuters.comNippon Paint makes proposal to Axalta, merger talks with Akzo Nobel endGreg RoumeliotisNov 22, 2017
• swikblog.comNippon Paint Strikes $1.35 Billion AkzoNobel Deal After Failed Takeover BidsChetan SharmaJan 1, 2018

Summarized from public sources; check the original articles before acting on it.