AkzoNobel shareholders back proposed Axalta merger at EGM
AXTA•Closing remains subject to approvals
The merger was not completed at the meeting; closing remains subject to required approvals and customary conditions, with completion targeted for late 2026 or early 2027.
Shareholders approve proposed merger
Akzo Nobel held an Extraordinary General Meeting today focused on its proposed all-share merger with Axalta.
Shareholders adopted the merger proposal, authorizing the transaction to proceed to the next phase.
Related approvals and board changes backed
They also endorsed amendments to the articles of association needed for the deal.
Investors granted authority to issue shares tied to the merger; proposed board appointments were also backed.
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