The event got here after JSW Paints introduced in June this yr that it’s going to purchase a 74.76% stake in Akzo Nobel India for Rs 8,986 crore, adopted by an open provide to purchase one other 25% from open marketplace for as much as Rs 3,929.06 crore, totalling over Rs 12,915 crore, to develop into the fourth-largest participant within the paint trade within the nation.
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