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Wednesday, 22 November 2017 10:05

Nippon Paint Makes Proposal to Axalta, Merger Talks with Akzo Nobel End

Written by Greg Roumeliotis & Toby Sterling, Reuters

Nippon Paint Holdings Co Ltd made an all-cash offer on Nov. 21 to acquire U.S. coatings company Axalta Coating Systems Ltd, two people familiar with the matter said, ending merger talks between Axalta and Dutch peer AkzoNobel.