(Reuters) - Japan's Nippon Paint Holdings Co Ltd (>> Nippon Paint Holdings Co Ltd) made an all-cash offer on Tuesday to acquire Axalta Coating Systems Ltd (>> Axalta Coating Systems Ltd), a source familiar with the matter said, prompting Axalta to end merger talks with Akzo Nobel NV (>> AkzoNobel).

Nippon's offer came at a premium to where Axalta shares ended trading on Monday, the source said, asking not to be identified because the matter is confidential.

Nippon did not immediately respond to a request for comment, while Akzo Nobel and Axalta declined to comment.

(Reporting by Greg Roumeliotis in New York; Editing by Chris Reese)