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Axalta Coating Systems Ltd. entered into a Second Amendment to its Merger Agreement with Akzo Nobel N.V. to refine…
AXTAAxalta Coating Systems Ltd.
Axalta Coating Systems Ltd. entered into a Second Amendment to its Merger Agreement with Akzo Nobel N.V. to refine governance arrangements for the combined company. Key changes include the annual re-election of all directors following an initial three-year period and a reduced approval threshold of two-thirds for non-executive directors regarding specific governance matters. Axalta is a global provider of innovative coatings solutions for various industrial applications.