AkzoNobel Rejects Cash Offer Ahead of Axalta Merger Filing
May 28, 2026 – AkzoNobel has rejected a conditional cash offer from Nippon Paint Holdings and Sherwin-Williams as it prepares to file an SEC Form F-4 for its proposed merger with Axalta Coating Systems. AkzoNobel said the proposal, received April 29, 2026, offered EUR 73 per share in cash for all issued and outstanding shares
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