Global markets: Akzo Nobel NV stock price jumps nearly 5% at the Euronext Amsterdam stock exchange after the paints giant announced its $9.2 billion stake acquisition move in rival firm Axalta Coating Systems Ltd, according to an official announcement on Tuesday, 18 November 2025.
Akzo Nobel-Axalta acquisition deal
Akzo Nobel NV on Tuesday announced that the company has entered into a definitive agreement with Axalta Coating Systems to combine in an all-stock merger of equals, said the company.
As per the deal, Akzo Nobel NV will own 55% of the merged entity, and the remaining 45% will be owned by Axalta shareholders. The transaction details dictate that every Axalta shareholder will receive 0.6539 shares of AkzoNobel stock for every one share owned in the company before the merger.
According to a Bloomberg report, this 0.6539 share transaction this deal puts forth an equity value of 7.9 billion euros. After the deal, the new company in due time will end its trading on the Amsterdam stock exchange and move to the US stock market’s NYSE.
“This merger will allow us to accelerate our growth ambitions by bringing together highly complementary technologies, expertise and passionate people to unlock our full combined potential. I’m excited to lead our talented teams in bringing the best of both companies to our customers and shareholders, delivering outstanding value to both,” said Greg Poux-Guillaume, CEO and Chairman of Akzo Nobel.
Akzo Nobel NV stock price
Akzo Nobel NV stock jumped 4.9% to 56.82 euros during Tuesday’s stock market session, compared to 54.16 euros in the previous trading session. The company announced its acquisition move update during the market operating hours on 18 November 2025.
Even though the stock opened lower at the opening bell, as of 12:56 p.m. (CEST), the Akzo Nobel NV shares are now trading 0.14% lower at 56.56 euros, compared to 56.64 euros in the previous trading close, MarketWatch data shows.
Akzo Nobel NV stocks have lost more than 35% in the last five years. However, the paint company shares have risen 0.50% in the last one-year period on the Amsterdam stock exchange.
On a year-to-date (YTD) basis, the company’s shares are down 0.67% in 2025, and have lost 7.25% in the last one-month period. Akzo Nobel NV stock is trading 2.62% lower in the last five market sessions, according to market data.
Shares of the company hit their 52-week high level at 63.50 euros, while the 52-week low level stood at 48.64 euros, according to MarketWatch data. The company’s market capitalisation (M-Cap) stood at 9.69 billion euros as of the stock market session on Tuesday, 18 November 2025.
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