Mumbai: JSW Paints said Friday it will acquire a 74.76% stake in Akzo Nobel India Ltd. from its Dutch parent Akzo Nobel N.V. and its affiliate, in a deal valued at nearly ₹9,000 crore. The acquisition ...
JSW Paints—backed by tycoon Savitri Jindal and her family—has agreed to buy a majority stake in Akzo Nobel’s India business in a deal valued at €1.4 billion ($1.6 billion), including debt, doubling ...
MUMBAI: JSW Paints, part of the diversified JSW Group, has signed a definitive agreement to acquire up to 74.76% stake in the larger rival and the Dulux-maker Akzo Nobel India for Rs 8,986 crore, ...
JSW Paints to become 4th largest in India by market share Deal valued at $1.6 billion, including debt Akzo Nobel India shares rise over 11% Akzo Nobel to get 900 million euros from deal, launch ...
JSW Paints and Akzo Nobel India will continue to run as separate entities in the short term, according to initial indications from Parth Jindal, MD, JSW Paints, following recent discussions with the ...
NEW DELHI: JSW Paints Limited (JSW Paints) on Thursday acquired a majority stake of 60.76% in Akzo Nobel India Limited from Akzo Nobel N.V. and its affiliates. JSW Paints had already acquired 0.44% ...
JSW Paints, part of the $23 billion JSW Group, announced on Friday that it has signed a Share Purchase Agreement (SPA) to acquire up to 74.76 per cent stake in Akzo Nobel India. The total deal is ...
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 ...
JSW has arranged back-up plans, which include fund infusion through promoter holdings, to fund the Akzo Nobel India buy in case PE deals don’t work out on expected lines, Parth Jindal, Managing ...
New Delhi: JSW Paints has completed the acquisition of a 60.76% stake in Akzo Nobel India (ANIL) from Akzo Nobel N.V. and its affiliates. The company had earlier acquired 0.44% from public ...
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