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AkzoNobel set to offer divestments to EU for planned purchase of Axalta Coating - reports
Seeking Alpha ·
Seeking Alpha reports: AkzoNobel is expected to offer divestments in its planned $25 billion purchase of Axtalta Coating to try to allay concerns from European Union regulators. The remedies, which are expected to be filed next week with the European Commission, would involve the sale of certain overlapping businesses in the vehicle refinish market, according to a Bloomberg report on Thursday, which cited people familiar with the matter. The EC's issues over the combination's impact on the…