Axalta reaches two-year high with Nippon Paint's offer likely to exceed $10b

Axalta reaches two-year high with Nippon Paint's offer likely to exceed $10b

Nippon Paint is seen in this illustration photo November 22, 2017. REUTERS/Thomas White/Illustration

Axalta Coating Systems Ltd. climbed to a two-year high after Nippon Paint Holdings Co. disclosed a takeover offer that analysts estimated could exceed $10 billion.

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