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Car Paint Biz Buys Industry Peer In Up To $295M Deal

By Jade Martinez-Pogue ( May 13, 2024, 1:21 PM EDT) -- Philadelphia-based coatings company Axalta Coating Systems on Monday unveiled plans to buy The CoverFlexx Group, which makes and sells coatings for automotive refinishing, from BakerHostetler-led Transtar Holding Co. for up to $295 million....

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