Dulux paint maker AkzoNobel said on Tuesday that it plans to merge with paintmaker Axalta Coating Systems in a deal that will create a combined company with an enterprise value of $25 billion. ...

Core Viewpoint - Akzo Nobel NV is in discussions to merge with Axalta Coating Systems, indicating potential consolidation in the paint manufacturing industry [1] Company Summary - Akzo Nobel NV, known for its Dulux paint, is exploring a merger with Axalta Coating Systems, a move that could reshape the competitive landscape of the paint sector [1] - The talks are reported by Bloomberg News, citing sources familiar with the situation, highlighting the strategic interest in combining resources and capabilities [1] Industry Summary - The potential merger reflects ongoing trends in the paint manufacturing industry, where companies are seeking to enhance market share and operational efficiencies through consolidation [1] - This development may signal a shift in industry dynamics, as larger entities could leverage economies of scale and broaden their product offerings [1]