JSW Paints to acquire Akzo Nobel India stake for $1.1 billion |...

Dununu.com Dununu

Sponsor

JSW Paints to acquire Akzo Nobel India stake for $1.1 billion

RSS Feed Business

Posted

84

JSW Paints, under Sajjan Jindal, is nearing the acquisition of Akzo Nobel India, valuing Akzo Nobel NV’s stake at approximately Rs 9,000 crore. This deal could position JSW Paints as a major player in both decorative and industrial paints. The acquisition, expected to be finalized soon, will trigger an open offer and is financed through promoter equity and bank loans.

Read Full Article

Please log in to like, share and comment!

Is Salman's new viral moustache look for his Galwan film?

Salman Khan's new look creates excitement. He is preparing for a film based on the 2020 Galwan...

By 0 4

German court rules turning away asylum-seekers unlawful

A Berlin court has ruled against Germany's policy of rejecting asylum seekers at the border,...

By 0 4

Mongolian PM resigns after losing confidence vote

Mongolian Prime Minister Luvsannamsrain Oyun-Erdene resigned after losing a confidence vote amid...

By 0 4

UN says 'deadly attacks' around Gaza aid sites 'a war crime'

UN human rights chief Volker Turk condemned the deadly attacks on civilians near aid distribution...

By 0 4

Delhi University SOL registration 2025 begins for undergraduate courses: Here is how to apply online

By 0 7