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AkzoNobel narrowed its Q3 net loss by 8.2% despite wider operating losses driven by Russian deconsolidation and divestments. The company confirmed its merger with Axalta is on track to form Axanzo in
AkzoNobel and Axalta announced their full-stock merger forming a $25 billion entity named Axanzo. Led by AkzoNobel's CEO, the combined coatings giant expects to complete the deal in early 2027.
AkzoNobel and Axalta Coatings Systems will merge to form a global coatings company named Axanzo with a $25 billion enterprise value. Expected to close in early 2027, the combined entity will operate 1
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