AkzoNobel confirms end of Nippon Paint and Sherwin-Williams takeover bid

Both AkzoNobel Boards unanimously continue to recommend the merger of equals between AkzoNobel and Axalta

AkzoNobel has taken note of today's press release from Nippon Paint Holdings Co. and The Sherwin-Williams Company, confirming that they are no longer pursuing a public offer for AkzoNobel.

Both AkzoNobel Boards unanimously continue to recommend the merger of equals between AkzoNobel and Axalta, taking into account the compelling strategic rationale and benefits as set out in the AkzoNobel and Axalta joint press release of 18 November 2025.