AkzoNobel to hold EGM on proposed all‑share merger with Axalta
Key highlights
- EGM scheduled for 15:00 CEST on 5 August 2026 in Amsterdam.
- Proposed transaction is an all‑share merger of equals with Axalta Coating Systems Ltd.
- Completion is conditional on the adoption of the relevant resolutions at the EGM and other conditions.
- If conditions are satisfied, completion is anticipated at the end of 2026 or beginning of 2027.
Meeting notice
AkzoNobel published a notice and shareholders' circular convening an extraordinary general meeting (EGM) regarding the proposed all‑share merger of equals with Axalta Coating Systems Ltd.
Merger mechanics and conditions
The transaction is structured as an all‑share merger of equals. Completion remains conditional on the adoption of the relevant resolutions at the EGM and the satisfaction of other conditions.
Timing and next steps
The EGM will be held in Amsterdam at 15:00 CEST on 5 August 2026. Subject to meeting the stated conditions, completion is anticipated at the end of 2026 or the beginning of 2027.
Documentation
The notice, agenda, shareholders' circular and accompanying documents are available on AkzoNobel's website.
Source: AkzoNobel