Axalta ting Systems .(US:AXTA) 智通财经网·2025-11-18 10:48Core Viewpoint - Axalta Coating Systems (AXTA.US) announced a merger with AkzoNobel to create a global coatings company valued at approximately $25 billion, with completion expected between late 2026 and early 2027 [1] Company Summary - The merger will result in AkzoNobel shareholders owning 55% of the new entity, while Axalta investors will hold 45% [1] - The combined company aims to achieve annual revenues of around $17 billion and is projected to realize $600 million in cost synergies, with 90% of these benefits expected within the first three years [1] - The new entity will be listed on the New York Stock Exchange under a new name and ticker symbol, maintaining a dual headquarters in Amsterdam and Philadelphia [1] - Greg Poux-Guillaume, CEO of AkzoNobel, will lead the merged company, which will feature a robust product portfolio with over 100 brands and a global presence of 173 manufacturing facilities and 91 R&D centers [1]