The European Commission has given conditional approval for the all-stock merger between AkzoNobel and Axalta, which will form a leading global coatings company with about $17 billion in revenue. The approval requires AkzoNobel to divest its European vehicle refinish business to address competition concerns in Europe. The merger is expected to close in early 2027, combining complementary technologies and brands to enhance growth and innovation in the coatings industry worldwide.
AkzoNobel and Axalta merger news provides context for Basic Materials sector trading. On November 6, 2026, 40 of 83 Pluang-traded US Basic Materials stocks rose, while 42 fell. Notable movers include FMC at USD 5.72 with a 5.68% drop, Cleveland-Cliffs at USD 11.76 rising 4.30%, and Aspen Aerogels at USD 4.97 down 3.68%, as of 21:51 WIB.
Ipsen has disclosed its monthly update on the total number of shares and voting rights as of October 31, 2026. The company reported 83,814,526 shares composing the share capital, with a gross total of 132,059,377 voting rights and a net total of 130,...
Ipsen Pharma has disclosed the total number of shares and voting rights composing its capital as of October 31, 2026. The company reported 83,814,526 shares and a gross total of 132,059,377 voting rights, with a net total of 130,677,690 after excludi...
At its 2026 International User Summit, Chery unveiled its Globalization 3.0 strategy, moving beyond export-driven growth to emphasize deep localization, sustainable development, and community engagement. The company is expanding local R&D, manufactur...
Sodexo disclosed its monthly update on share capital and voting rights as of October 31, 2026. The company has 147,454,887 shares with actual voting rights totaling 216,485,145, reflecting shares with single and double voting rights. This update is p...
Sodexo announced its monthly update on the total number of shares and voting rights as of October 31, 2026. The company has 147,454,887 shares composing its capital, with 216,485,145 exercisable voting rights and 218,335,896 theoretical voting rights...
