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 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 ...
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 is set to acquire a 74.76% controlling stake in Akzo Nobel India, the maker of Dulux paints, for ₹8,986 crore, marking the exit of Akzo Nobel's Dutch promoters from the Indian decorative ...
The Competition Commission of India (CCI), the country's fair trade regulator, on Tuesday approved Sajjan Jindal-led JSW Paints' move to acquire a majority stake in the Indian unit of Dutch paint ...
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% stake from ...
JSW Paints has completed the acquisition of a majority stake of 60.7 per cent in AkzoNobel India, subsequently becoming the ...
JSW Paints, part of the JSW Group, seeks CCI approval to acquire a majority stake in Akzo Nobel India for over Rs 12,915 crore. This includes purchasing a 74.76% stake and a public offer for an ...
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 ...