JSW Paints to acquire promoter stake in Akzo Nobel India in Rs 9,400 crore deal

By Ajay ji Jun 27, 20250

Akzo Nobel India promoter entities have signed a share purchase agreement with JSW Paints to sell its entire 74.76% stake in a Rs 9,400 crore deal after months of negotiations. The deal is priced at Rs 2,762.05 per share, a 16% discount to Thursday’s closing price.

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Ajay ji

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