On this episode of Stock Movers:
- Akzo Nobel has agreed to acquire smaller rival paint maker Axalta Coating Systems Ltd. in a cross-border share deal that values the target at €7.9 billion ($9.2 billion). The Dutch company’s stock fell as much as 4.4% in Amsterdam early Tuesday, the steepest intra-day drop since Oct. 22. 
- Rheinmetall sees sales of about €50 billion in 2030, according to a presentation for its capital markets day. Shares rose as much as 2.4%
- Amundi will buy into the alternative investment firm ICG as it seeks to tap into the booming demand for unlisted assets. Shares rose us much as 11% this morning. Tiwa Adebayo

On this episode of Stock Movers: - Akzo Nobel has agreed to acquire smaller rival paint maker Axalta Coating Systems Ltd. in a cross-border share deal that values the target at &euro;7.9 billion ($9.2 billion). The Dutch company&rsquo;s stock fell as much as 4.4% in Amsterdam early Tuesday, the steepest intra-day drop since Oct. 22. - Rheinmetall sees sales of about &euro;50 billion in 2030, according to a presentation for its capital markets day. Shares rose as much as 2.4% - Amundi will buy into the alternative investment firm ICG as it seeks to tap into the booming demand for unlisted assets. Shares rose us much as 11% this morning. Tiwa Adebayo

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Stock Movers

Akzo Nobel Slides, Rheinmetall Gains, ICG Up

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e561b633-c117-4d75-bc50-b3990096113c/transcript

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