Pennsylvania Business Report
European Commission approves merger of Philadelphia-based Axalta, AkzoNobel
The European Commission has conditionally approved the all-stock merger between Amsterdam-based AkzoNobel and Philadelphia-headquartered Axalta Coating Systems, marking a major regulatory milestone for a deal that would create a major global coatings player. After discussions with the European Commission, AkzoNobel and Axalta have agreed to a targeted remedy involving the divestment of AkzoNobel’s European vehicle refinish business. The transaction is expected to close in early 2027, subjec...
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L.B. Foster subsidiary purchases Texas wastewater company
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