Bloomberg reported last year Axalta drew interest from two rival firms, Kansai Paint Co. Ltd. and PPG Industries Inc. (NYSE: PPG). BC-Buffett-Backed-Axalta-Surges-as-Company-Considers-Selling-Itself , Andrew Noël (Bloomberg) -- Axalta Coating Systems Ltd. surged as the frequent takeover target backed by Warren Buffett’s Berkshire Hathaway Inc. put itself up for a possible sale as part of a “comprehensive” review of strategic options. Article Related Articles (1) Stock Quotes (14) Comments (0) FREE Breaking News … Axalta Coating Systems Ltd. (), which is in the chemicals business, and is based in United States, saw a double-digit share price rise of over 10% in the past couple of months on the NYSE.With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. Axalta Coating Systems is a member of our Basic Materials group, which includes 247 different companies and currently sits at #12 in the Zacks Sector Rank. Do the numbers hold clues to … Bloomberg. According to a Bloomberg article, both the CDR/PPG bid and the Koch/Platinum equity offers are still active but the bids are coming in at $30-$32 only. The shares dropped 17 percent on news of the terminated deal talks to $31.19. Axalta rebuffed acquisition … Axalta is looking to enter into a deal this fall. FREE Breaking News Alerts from StreetInsider.com! Based in Philadelphia, Axalta makes liquid and powder coatings for the automotive and general transportation industries. Axalta Coating Systems (AXTA) delivered earnings and revenue surprises of 6.25% and -1.18%, respectively, for the quarter ended December 2018. At 19.5 billion euros ($22.7 billion), Akzo’s market value is close to three times that of Axalta at $8.1 billion at Friday’s closing price of $33.15. CEOs Frustrated With Argentina Rattle Off List of Problems Bloomberg 11/13/2020. SPY 2. Following last week's earnings report, Axalta Coating Systems's 14 analysts are forecasting 2020 revenues to be US$4.48b, approximately in line with the last 12 months. It operates 35 manufacturing centers and does … 1. Tony Robinson, Bloomberg News (Bloomberg) -- Axalta Coating Systems Ltd. announced the resignation of Chief Executive Officer Terrence Hahn following an investigation by outside counsel into conduct that the specialty chemical maker believes was inconsistent with company policies. Axalta Coating Systems (NYSE AXTA) News Headlines Today Source: All Sources Trusted Sources MarketBeat.com Bloomberg MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha The Street The Wall Street Journal Yahoo Finance NHLD 8. (Bloomberg) -- Activist investor Jana Partners has built a position Axalta Coating Systems Ltd., the car paint maker that announced a strategic review, according to people familiar with the matter. As of July 18, it had 233,263,277 outstanding shares for a market cap of $7.28 billion. Bloomberg the Company & Its Products The Quint. TSLA 4. Axalta’s stock sat at $31.23 as of early Wednesday afternoon. 10 Stocks Warren Buffet Is Buying (And 11 He's Selling) Kiplinger ... Bloomberg 4 days ago. Bloomberg | Quint is a multiplatform, Indian business and financial news company. Axalta Coating (AXTA) Sale Timeline Likely Pushed Back - Bloomberg, Citing DealReporter Article Related Articles ( 1 ) Stock Quotes (1) Comments (0) FREE Breaking News Alerts from StreetInsider.com! Statutory earnings per share are expected to jump 60% to US$1.70. For Axalta Coating Systems, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. {{data.symbol | reutersRICLabelFormat:group.RICS}} {{data.netChng | number: 4 }} {{data.netChng | number: 2 }} AMGN. How Have the Numbers Shaped Up for Axalta Coating Systems? Carlyle, Citigroup and Goldman Sachs declined to comment, while an Axalta spokeswoman did not immediately respond to a request for comment. In the lead-up to this report, analysts had been modelling revenues of US$4.57b and earnings per share (EPS) of US$1.74 in 2020. RILY 9. UPDATE: Axalta (AXTA) Viewed as Most Likely Takeover Target in Survey of M&A Desks - Bloomberg. This has resulted in an Earnings ESP of 0%. Finally I saw a ton of dark pool transactions just prior to the earnings call and one large on for 538,000 shares on Monday 10/11 at a price of $30.10. Axalta Commences Notes Offering And Announces Expected Conditional Full Redemption Of 4.875% Senior Notes Due 2024 And 4.250% Senior Notes Due 2024. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated audiences. PPG is in talks with buyout firm Clayton, Dubilier & Rice LLC to bid on Axalta Coating Systems Inc., Reuters reported, citing people familiar with the matter.. Axalta (NYSE:AXTA), a … ET by Tomi Kilgore Axalta Coating Systems stock … We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated audiences. Organic refinish sales up on constant currency basis. Buffett-Backed Axalta Surges as Company Considers Selling Itself. This price is much lower than the Nippon offer of $37 from 2017. StreetInsider.com Top Tickers, 12/18/2020. Axalta Coating Systems Ltd. (NYSE:AXTA) reported third quarter net sales of $1,107.0 million decreased 3.4% year-over-year, including a 2.0% negative foreign currency impact and negative 1.8% inorganic impact primarily associated with the second quarter 2019 sale of its interest in a China powder joint venture. A high-level overview of Axalta Coating Systems Ltd. (AXTA) stock. Axalta Coating Systems Ltd (NYSE: ... please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. 6h … 6. Axalta Coating Systems Ltd.AXTA was a big mover last session, as the company saw its shares rise nearly 6% on the day. Chief Financial Officer Robert Bryant was named interim CEO, the Philadelphia-based company said in a … Andrew Noël, Bloomberg News. Shares of Axalta Coating Systems (NYSE: AXTA) climbed more than 14% on Wednesday morning after the supplier of liquid and powder coatings said its board is reviewing strategic options. Bloomberg | Quint is a multiplatform, Indian business and financial news company. The transaction likely won't be with Akzo Nobel NV, which has an office in Malvern and denied a Bloomberg report that it was. Axalta Coating Systems stock price target raised to $33 from $28 at KeyBanc Capital Oct. 23, 2020 at 6:17 a.m. AAPL 10. Axalta Coating Systems (AXTA +1.9%) has attracted interest from suitors including PPG Industries (PPG +0.1%) and Akzo Nobel (OTCQX:AKZOY) as well as P-E firms, Bloomberg … Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. E-mail Address . Recent News. Axalta shares jumped 14 percent on the news to $29.52 a share, giving the company a market capitalization of about $7 billion. 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