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Uploaded 2 weeks ago

Duration: 0h 4m 49s

JSW Paints to buy Akzo Nobel India in Rs 8,986-crore deal

Name: JSW Paints to buy Akzo Nobel India in Rs 8,986-crore deal
Uploaded: Fri, 27 Jun 2025 11:39:27 +0530
Channel: Rediff Video Desk

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. It will acquire 74.76 per cent stake from its Dutch promoters/holding entities -- namely Imperial Chemical Industries and Akzo Nobel Coatings International BV -- for a consideration of Rs 8,986 crore, according to a statement from the JSW Group firm.

Uploaded by: Rediff Video Desk on Fri, 27 Jun 2025 11:39:27 +0530

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