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Akzo Nobel seeks $30 billion merger with smaller U.S. rival Axalta

AMSTERDAM (Reuters) - Dutch paints maker Akzo Nobel, under pressure after rejecting a lucrative takeover offer and two profit warnings, has confirmed merger talks with smaller U.S. rival Axalta Coating Systems Ltd to create a $30 billion company.

Akzo Nobel seeks $30 billion merger with smaller U.S. rival Axalta
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