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JSW Paints Limited signed definitive agreements to acquire up to 74.76% stake in Akzo Nobel India Limited from Akzo Nobel N.V. for a maximum consideration of up to INR 8,986 crores, subject to regulatory approvals and a mandatory tender offer.
“This transformative acquisition positions JSW Paints as one of the major players in the sector which is expected to see robust growth in the years ahead.”jsw.in
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