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PE-Backed Axalta Raises $1B In IPO After Upsized Offering

By Zachary Zagger (November 12, 2014, 1:49 PM EST) -- Pennsylvania-based Axalta Coating Systems Ltd. made its public debut Wednesday on the New York Stock Exchange after raising $975 million in its upsized initial public offering as private equity firm The Carlyle Group begins its exit after buying the automotive and industrial coatings business two years ago....

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