JSW Paints has announced its acquisition of a 74.76% stake in Akzo Nobel India’s paint business for Rs 8,986 crore, with support from Morgan Stanley as the financial advisor. The deal includes an open market offer for an additional 25% stake valued at Rs 3,929.06 crore, marking a significant move in India's fast-growing paint sector.

JSW Paints is a leading paint manufacturer in India. It specializes in producing high-quality decorative and industrial paints. The company aims to enhance its market presence and product offerings. JSW Paints is part of the JSW Group, a major player in various sectors.

https://www.jsw.in/

JSW Paints to acquire 74.76% stake in Akzo Nobel India's paint business for Rs 8,986 crore.

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JSW Paints to acquire 74.76% stake in Akzo Nobel India's paint business for Rs 8,986 crore.

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