Akzo Nobel pursues $30bln deal with Axalta

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Dutch paints and coatings maker Akzo Nobel, under pressure after rejecting a lucrative takeover offer and then issuing two profit warnings, said it was in talks to buy U.S. rival Axalta Coating Systems Ltd. The merger could create a $30 billion company. Ciara Lee reports.

Akzo Nobel pursues $30bln deal with Axalta

Tags : Dutch paint maker akzo nobel, Dutch paint maker akzo nobelaxalta coating systens, merger, Angry shareholders, Profit warning, Smaller us rival, Axalta coating systens

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