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JSW to buy Dulux paints biz for Rs 9,000 crore
MUMBAI: JSW Paints will acquire about 75% stake in Dulux-owner Akzo Nobel's India unit for Rs 9,407 crore ($1.1 billion) - marking the country's biggest deal in the sector amid growing competition.
India's paints industry is experiencing intense competition with conglomerates like Birla Opus and JSW Paints entering the ...
JSW Paints has officially announced that it will acquire Akzo Nobel India’s paint business in a Rs 12,915 crore transaction which was executed with support from Morgan Stanley as the exclusive ...
The Competition Commission of India is learnt as having approved JSW paints' acquisition of a stake in Akzo Nobel India. The Sajjan-Jindal promoted JSW Paints had mooted a proposal to acquire a 75 ...
JSW Paints will buy Dutch paint maker Akzo Nobel's Indian arm in a deal valued at about 1.4 billion euros ($1.64 billion), including debt, expanding its paints portfolio amid intensifying competition ...
JSW Paints is set to become a major player in the Indian paint industry after acquiring Akzo Nobel India Ltd, the makers of Dulux paints. This acquisition, valued at approximately Rs 13,000 crore, ...
JSW Paints is all set to launch its hand sanitizer in the domestic market. JSW Paints has received all statutory approvals, permissions, and license to manufacture and market the product across ...
https://www.thehindubusinessline.com/companies/jsw-paints-seeks-cci-nod-for-12915-crore-akzo-nobel-india-deal/article69834215.ece Copy Sajjan Jindal-led JSW Paints ...
JSW Paints, part of $23 billion JSW Group, on Friday said it will acquire majority controlling stake in Akzo Nobel India Ltd (ANIL), the maker of Dulux paints, for Rs 8,986 crore. Photograph: Courtesy ...
New Delhi: JSW Paints has completed the acquisition of a majority stake of 60.7 per cent in AkzoNobel India, subsequently becoming the promoter of the company. With this deal, the combined entity with ...
The fight for Akzo Nobel’s India business has now boiled down to just two players - JSW Paints and Indigo Paints - with Pidilite not putting in bids, sources said. Amongst the two, JSW Paints is said ...
JSW Paints has acquired a majority stake of 60.76% in Akzo Nobel India Limited (“ANIL”) from Akzo Nobel N.V. and its affiliates. JSW Paints had already acquired 0.44% stake from the public ...
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