# AKZO NOBEL NV (AKZOF) — merger/definitive [pending]
Source: SEC API (secapi.ai) · situation sit_11ece4cb35de2954431e · retrieved 2026-08-12T21:25:47.697Z

## Overview
Axalta Coating Systems Ltd. manufactures paints, varnishes, lacquers, enamels and allied products for industrial applications and services.

AkzoNobel N.V. has announced a proposed acquisition of Axalta Coating Systems Ltd., a Philadelphia-based manufacturer of paints, varnishes, lacquers, enamels and allied products. AkzoNobel will file a registration statement on Form F-4 with the SEC, which will include a proxy statement/prospectus for Axalta shareholders regarding shares to be offered by AkzoNobel in the transaction. The filing indicates this is a stock-based transaction, though specific deal value, exchange ratio, and closing timeline are not disclosed in this excerpt.

## Terms
- Counterparty: Axalta Coating Systems Ltd. · Consideration: stock

## Key dates
- Announced 2026-06-03 · Vote 2026-07-15 · Expected close 2026-12-31

## Timeline
- 2026-01-28 · 425 (0000950103-26-001112): 425 - AKZO NOBEL NV — *Akzo Nobel N.V. is a global chemicals and coatings company; Axalta Coating Systems Ltd. is a leading coatings manufacturer serving automotive, industrial, and specialty markets.* Akzo Nobel N.V. is acquiring Axalta Coating Systems Ltd. in an all-stock merger announced in January 2026. The transaction is structured as a stock-for-stock combination with an announced exchange ratio. The companies are targeting a shareholder vote in mid-July 2026 as the first key milestone, followed by regulatory approval across 30 countries, with a target closing date by the end of 2026. The combined company will create a global leader in paints and coatings with approximately $15 billion in revenue and is expected to generate $600 million in synergies, including procurement savings, functional cost reductions, and supply chain efficiencies.
  https://www.sec.gov/Archives/edgar/data/3124/0000950103-26-001112.txt
- 2026-02-03 · 425 (0000950103-26-001539): 425 - AKZO NOBEL NV — *Axalta Coating Systems Ltd. manufactures paints, varnishes, lacquers, enamels and allied products for industrial applications and services.* AkzoNobel N.V. has announced a proposed acquisition of Axalta Coating Systems Ltd., a Philadelphia-based manufacturer of paints, varnishes, lacquers, enamels and allied products. AkzoNobel will file a registration statement on Form F-4 with the SEC, which will include a proxy statement/prospectus for Axalta shareholders regarding shares to be offered by AkzoNobel in the transaction. The filing indicates this is a stock-based transaction, though specific deal value, exchange ratio, and closing timeline are not disclosed in this excerpt.
  https://www.sec.gov/Archives/edgar/data/3124/0000950103-26-001539.txt
- 2026-06-03 · 425 (0000950103-26-008466): 425 - AKZO NOBEL NV — *AkzoNobel is a paints and coatings company that has supplied innovative paints and coatings since 1792, with a world-class portfolio of brands including Dulux, International, Sikkens, and Interpon, operating in more than 150 countries.* Nippon Paint Holdings Co. and The Sherwin-Williams Company have withdrawn their public offer for AkzoNobel, as confirmed in a June 3, 2026 press release. Both AkzoNobel Boards unanimously continue to recommend the merger of equals between AkzoNobel and Axalta, citing the compelling strategic rationale and benefits outlined in the joint press release of November 18, 2025. AkzoNobel filed a registration statement on Form F-4 with the SEC on May 28, 2026, which included a proxy statement of Axalta that also constitutes a prospectus with respect to the shares offered by AkzoNobel in the proposed transaction.
  https://www.sec.gov/Archives/edgar/data/3124/0000950103-26-008466.txt

## Citations
- 0000950103-26-001112 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000095010326001112
- 0000950103-26-001539 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000095010326001539
- 0000950103-26-008466 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000095010326008466