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JSW Paints to Take Over Akzo Nobel India in ₹8,986 Cr Deal, Triggers Open Offer

Unknown Apr 02, 2026 700 Views
JSW Paints to Take Over Akzo Nobel India in ₹8,986 Cr Deal, Triggers Open Offer
JSW Paints has signed definitive agreements to acquire up to 74.76% of Akzo Nobel India for ₹8,986 crore, marking one of the biggest shakeups in India’s paints industry. The deal values each share at ₹2,762.05, a 16% discount to the company’s last traded price. The acquisition will gi...

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