Friday, March 13

Big corporate deal:JSW Paints to acquire Akzo Nobel India; Rs 12,915-cr deal to make it 4th largest player

JSW Paints will acquire a 74.76% stake in Akzo Nobel India (ANIL) from Akzo Nobel NV for up to Rs 8,986 crores. The deal, pending regulatory approval and a tender offer, brings brands like Dulux into the JSW fold. JSW aims to build the next-generation paint company, leveraging ANIL's strong market position.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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