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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.
JSW Paints – having launched offerings in mid-2019 – had in 2024 announced that it had reached operating profits. The Sajjan Jindal-led company has around 2 per cent market share. Paint play ...
NEW DELHI: JSW Paints has entered into a definitive agreement to acquire up to 75% stake in Akzo Nobel India (ANIL), marking one of the biggest moves in India’s decorative paints industry. The ...
JSW Paints Ltd said it has entered into definitive agreements to acquire up to 74.76% stake in Akzo Nobel India Ltd (ANIL) from Akzo Nobel N.V. and its affiliates, for a maximum consideration ...
JSW Paints to acquire 75% stake in Akzo Nobel India for ₹9,000 crore; Dulux brand included. Deal boosts JSW to 4th-largest paint firm in India, subject to approvals.
India Business News: 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 ...
JSW Paints has acquired the promoter holding of Akzo Nobel India at fairly reasonable valuations. However, operating margins in the paint industry have been under pressure during FY25, given the ...
JSW Paints has signed definitive agreements to acquire up to 74.76 percent stake in Akzo Nobel India for up to Rs 8,986 crore, marking one of the largest deals in India’s paints sector.
Asian Paints has announced the launch of Tractor Emulsion Varnamaalai, a unique shade guide crafted exclusively for Tamil Nadu. Tractor Emulsion ‘Varnamaalai’, meaning ‘Garland of Colours ...
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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 ...
The deal includes the acquisition of Akzo Nobel India’s decorative paints business, valued at around Rs 6,800 crore, according to stock exchange filings. As part of the transaction, JSW Paints, along ...