Moody's: Axalta's acquisition of Valspar's wood coatings business is ratings neutral and makes strategic sense
Announcement: Moody's: Axalta's acquisition of Valspar's wood coatings business is ratings neutral and makes strategic sense. Global Credit Research- 12 Apr 2017. New York, April 12, 2017-- Moody's Investors Service said the announcement that Axalta Coating Systems Ltd. has entered into a definitive agreement to acquire assets related to Valspar's North American Industrial Wood Coatings business for $420 million in cash does not impact its Ba3 CFR rating.
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