Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Asian Paints sells off 4.42% stake in Akzo Nobel India for Rs.734-Cr
Asian Paints Limited has sold its entire 4.42% stake in Akzo Nobel India Limited at a price of INR 3,651 per share, aggregating to approximately INR 734 crore.The sale follows JSW Paints’s agreement to acquire a 74.76% stake in Akzo Nobel India from the Netherlands-based Akzo Nobel Coatings International B.V. and Imperial Chemical Industries Limited, the promoters of Akzo Nobel India.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.