Axalta investor Artisan Partners: Say 'no' to AkzoNobel deal

Core Viewpoint - Artisan Partners expresses dissatisfaction with Axalta Coating Systems' plan to merge with AkzoNobel in an all-stock transaction, which would result in a combined entity valued at $25 billion [1] Company Summary - The proposed merger aims to create a significant player in the paint industry, enhancing market presence and operational scale [1] - The enterprise value of the combined company is projected to be $25 billion, indicating a substantial consolidation within the sector [1]