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AkzoNobel, Axalta Coating in advanced merger talks, Bloomberg reports

Akzo Nobel (AKZOY) is in advanced talks to merge with rival Axalta Coating Systems (AXTA), Bloomberg’s David Carnevali, Ryan Gould, Aaron Kirchfeld, and Charlotte Hughes-Morgan report, citing people familiar with the matter. The companies could announce a deal as soon as Tuesday, said the people, who asked to not be identified because the discussions are private.

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