Kansai Nerolac to acquire 55% stake in RAK Paints Bangladesh

Kansai Nerolac Paints has entered into a share purchase agreement to acquire a 55% equity stake in Bangladesh-based RAK Paints for BDT 57.26 crore (approx. Rs 45.81 crore).

“With this investment in RAK Paints Bangladesh, Kansai Nerolac aims to increase its foot print in the SAARC countries.”india.com

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• india.comKansai Nerolac to acquire 55% stake in RAK Paints to enter B’desh | India.comAbout the Author PTI FeedsJun 19, 2018

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