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BRIEF-Axalta Coating Systems to acquire Valspar's North American Industrial Wood Coatings Business

April 12 Axalta Coating Systems Ltd

* Axalta coating systems to acquire Valspar's North American Industrial Wood Coatings Business

* Axalta Coating Systems Ltd - Deal for $420 million in cash

* Axalta Coating Systems Ltd- Axalta intends to operate this business as a pure bolt-on

* Axalta Coating Systems Ltd - Axalta has secured a financing commitment for transaction through Deutsche Bank AG New York branch

* Axalta Coating Systems Ltd - Divesting business in connection with reviews by FTC and CCB of proposed acquisition of Valspar by Sherwin-Williams

* Axalta Coating Systems - To acquire personnel, manufacturing sites, research and development assets, underlying IP of Valspar's North American Industrial Wood Coatings Business

* Axalta Coating Systems Ltd - Centerview Partners LLC acted as financial advisor to Axalta Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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