Axalta concludes strategic alternatives review

Mar. 31, 2020 8:14 AM ETAxalta Coating Systems Ltd. (AXTA)AXTABy: Yoel Minkoff, SA News Editor
  • "In light of the dislocation in global markets caused by the coronavirus pandemic, the Axalta board unanimously determined that concluding the review of strategic alternatives is in the best interests of Axalta shareholders at this time," said Mark Garrett, Axalta's (NYSE:AXTA) Chairman of the Board and Chair of its Strategic Review Committee. "This decision follows months of in-depth discussions with a number of interested parties."
  • The board initiated the review on June 19, 2019.

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