JSW Paints clinches AkzoNobel deal; Stock rises over 3%

  • Posted on May 16, 2025
  • By Financial Express
  • 1 Views
JSW Paints clinches AkzoNobel deal; Stock rises over 3%

JSW Paints, an unlisted company, is set to acquire a 75% stake in AkzoNobel India for Rs 12,000 crore. The deal, which is expected to be announced next week, will be funded through a mix of internal accruals, debt, and equity. The Dutch parent company, AkzoNobel NV, had put its shareholding on the block after […]
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