Axalta Coating Systems (AXTA) has disclosed a new risk, in the Corporate Activity and Growth category.
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Failure to consummate the Merger could lead investors to reassess Axalta Coating Systems’ standalone prospects, potentially driving a significant and sustained decline in its share price while undermining confidence among customers, suppliers, partners and employees. In addition, the company would still bear substantial transaction and integration-related costs, face constraints on strategic actions during the Merger period and could be liable for a €150 million termination fee to AkzoNobel, all of which may materially pressure future business performance and financial results.
Overall, Wall Street has a Moderate Buy consensus rating on AXTA stock based on 5 Buys and 6 Holds.
To learn more about Axalta Coating Systems’ risk factors, click here.