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Akzo Nobel India signed a definitive agreement to divest its speciality chemicals business to Akzo Nobel Chemicals India Pvt Ltd for Rs 320 crore. The transaction is expected to complete by March 31, 2018.
“A definitive agreement for sale of the company’s speciality chemicals business to Akzo Nobel Chemicals India Pvt Ltd has been executed on Feb 15, 2018.”thehindubusinessline.com
Summarized from public sources; check the original articles before acting on it.