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On December 10, 2025, JSW Paints announced the acquisition of a 60.7% stake in Akzo Nobel, reportedly valued at $1.4 billion USD, gaining access to Akzo Nobel's paints and coatings portfolio.
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.