CCI Okays JSW Paints’ Acquisition of 75% Stake In Akzo Nobel India
The target is a public listed company that is engaged in the manufacture and sale of decorative paints and industrial coatings in India, and forms part of the Akzo Nobel Group
The target is a public listed company that is engaged in the manufacture and sale of decorative paints and industrial coatings in India, and forms part of the Akzo Nobel Group
In his earlier role as Chief Business Officer (CBO), he was leading the sales and marketing teams of JSW Paints’ decorative business.
The company says that apart from the consideration payable for the transaction at completion, there are also certain contingent consideration amounts that may become payable
JSW Paints, an unlisted subsidiary of diversified conglomerate JSW Group, said on Tuesday that its revenues reached Rs 1,500 crore in the first nine months of FY24 and that it expects to become profitable in the current fiscal year. According to an official release, the business expects to complete FY24 with a topline of more […]