UK's CMA says AkzoNobel/Axalta deal may lessen competition
AXTA•The UK's CMA said the AkzoNobel/Axalta merger may substantially lessen competition in one or more UK markets and gave the companies until Nov. 18 to offer undertakings or face a merger referral.
1. CMA sets deadline
The UK's Competition and Markets Authority said it decided the merger may be expected to result in a substantial lessening of competition in one or more UK markets. AkzoNobel and Axalta have until Nov. 18 to offer undertakings or face a merger referral.
