Conditional EU antitrust approval expected for AkzoNobel, Axalta deal, sources say

Akzo Nobel NV

08/10/2026 14:26

       BRUSSELS, Oct 8 (Reuters) - EU antitrust regulators are
expected to clear with conditions the $25 billion merger of
Dulux paint maker AkzoNobel  AKZO.AS  and US peer Axalta Coating
Systems  AXTA.N  after a preliminary review, people familiar
with the matter said.
    The companies plan to offer to sell Axalta's vehicle
refinish business to address competition concerns, people said.
    The companies announced the deal in November last year,
underscoring a wave of consolidation among paint makers to save
money in the face of rising costs and amid uncertainties created
by US President Donald Trump's tariffs.

    (Reporting by Foo Yun Chee; Editing by Jan Harvey)
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