Deals
Axalta Merger Clears EU Hurdle — AkzoNobel Agrees To Sell European Vehicle Refinish Business
The all-stock combination is expected to close in early 2027 and would create a coatings company with approximately $17 billion in revenue.
AXTA
Axalta Coating Systems (AXTA) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Deals
Axalta Cuts 2026 Profit Outlook After A European Refinish Stumble, Keeps $600 Million Synergy Target
The coatings maker now sees full-year adjusted EBITDA of $1.1 billion to $1,110 million while holding its AkzoNobel merger timeline.
Deals
Axalta Leaves $500 Million Of Notes Due In June Unrefinanced As It Awaits AkzoNobel Merger
The coatings maker has put the 4.750% notes in current debt while it prepays term loans and ties its liquidity to merger-agreement limits.
Earnings
Axalta CEO Says Offsets Held The $600 Million Synergy Floor For The AkzoNobel Merger
Chris Villavarayan said executives used headroom to keep the $600 million target as two divestitures come out of the combination.
Earnings
Axalta Says European Distributors Paused Restocking, Cutting Fourth-Quarter Sales Outlook To Flat
The CEO calls a third-quarter refinish miss "inventory timing," and the CFO says October is tracking to plan.
Deals
Axalta Net Income Falls To $95 Million As Europe Weakens And Merger Costs Climb
A record quarter in vehicle coatings lifted sales 2%, but profit fell, and leverage hit 2.1x, which Axalta calls its lowest ever.