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Axalta Coating Systems Announces Merger with Akzo Nobel N.V.

PUBLIC · AXTANov 18, 2025

Acquiring Company

Axalta Coating Systems Ltd

Acquired Company

Prospect Prediction Markets

PhiladelphiaManufacturingGamingSportsBlockchain

Description

On November 18, 2025, Axalta Coating Systems Ltd. entered into a Merger Agreement with Akzo Nobel N.V., resulting in an all-stock merger of equals. Both companies' boards have unanimously approved the merger terms. This merger aims to combine their strengths and enhance their market positions. The completion of this merger will benefit stakeholders from both organizations.

Quick answer

Axalta Coating Systems Ltd is acquiring Prospect Prediction Markets, announced November 18, 2025. Axalta Coating Systems Ltd is based in Philadelphia, Pennsylvania, United States.

How much did Axalta Coating Systems Ltd pay for Prospect Prediction Markets?
The deal value was not disclosed.
What does Axalta Coating Systems Ltd do?
Axalta Coating Systems Ltd. is a leading global manufacturer and distributor of high-performance coatings systems and products, founded in 2012 and headquartered in Bermuda.
Where are Axalta Coating Systems Ltd and Prospect Prediction Markets based?
Axalta Coating Systems Ltd is based in Philadelphia, Pennsylvania, United States.
Who are the decision-makers at Axalta Coating Systems Ltd?
Fundz holds 5 contacts at Axalta Coating Systems Ltd. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Axalta Coating Systems Ltd

Location

Philadelphia, Pennsylvania, United States

About

Axalta Coating Systems Ltd. is a leading global manufacturer and distributor of high-performance coatings systems and products, founded in 2012 and headquartered in Bermuda. With over 150 years of heritage in the coatings industry, Axalta is renowned for its high-quality products and innovative technologies that enhance performance, appearance, and sustainability for its customers. The company operates in two segments—Performance Coatings and Mobility Coatings—and serves four global end-markets, including refinish and industrial. Their diverse global footprint allows them to efficiently meet customer needs through a strong sales force and technical support organization, alongside independent distributors. Recently, in November 2025, Axalta entered into a Merger Agreement with Akzo Nobel N.V., which signifies its strategic focus on growth through consolidation and collaboration within the industry.

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Frequently asked

Who acquired Prospect Prediction Markets?

Prospect Prediction Markets was acquired by Axalta Coating Systems Ltd, based in Philadelphia. The deal was reported on November 18, 2025. Axalta Coating Systems Ltd. is a leading global manufacturer and distributor of high-performance coatings systems and products, founded in 2012 and headquartered in Bermuda. Axalta Coating Systems Ltd is publicly traded (AXTA).

When did Axalta Coating Systems Ltd acquire Prospect Prediction Markets?

Axalta Coating Systems Ltd's acquisition of Prospect Prediction Markets was reported on November 18, 2025. On November 18, 2025, Axalta Coating Systems Ltd. entered into a Merger Agreement with Akzo Nobel N.V., resulting in an all-stock merger of equals. Both companies' boards have unanimously approved the merger terms. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Prospect Prediction Markets do?

Prospect Prediction Markets Inc. is a private company that specializes in developing fantasy sports software. It operates a free-to-play prediction market platform and uses a proprietary ranking-style algorithm. It is privately held, operating in Manufacturing.

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