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Genius — OpenServe

AkzoNobel agrees $1.35 billion Asia sale to Nippon — 2dAkzoNobel agreed Oct. 5 to sell decorative paints in seven Asian countries to Nippon Paint for $1.35 billion enterprise value, a 21x EBITDA multiple.

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Maya Lindstrom Nippon is paying top dollar for those seven markets, but AkzoNobel may regret losing that regional footprint later.

AkzoNobel Q2 profit beat; Axalta merger on trackBusiness — Jul 22, 2026AkzoNobel posted 5% organic growth in Q2 core profit with adjusted EBITDA of 398 million euros, beating expectations as price increases offset higher input costs linked to the Middle East. The company reaffirmed progress on the Axalta merger, with a shareholder vote on August 5 and a planned closing in 2026–2027, and guided for 2026 EBITDA of at least 1.47 billion euros and a stable leverage profile near 2x.

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