कोशिश गोल्ड - मुक्त
A Risk Looms for Akzo Investors
Mint Kolkata
|June 30, 2025
Catching up
Akzo Nobel India Ltd, popular for its Dulux paint brand, is set to become an Indian company as JSW Paints has announced the acquisition of 74.76% stake from its Dutch owner. This deal changes the pecking order of the Indian paints industry. JSW Paints becomes the fourth largest player by revenue after Asian Paints Ltd, Berger Paints India Ltd and Kansai Nerolac Paints Ltd.
So, what are the implications of the deal from the perspective of non-promoter—or public—shareholders of Akzo Nobel India?
JSW Paints has announced an open offer for the remaining 25.24% stake held by public shareholders at 3,417.77 per share. Akzo's shares closed 7% higher on Friday at 3,419. Now, even if a small portion of the open offer is subscribed, JSW Paints will end up having more than 75% stake as it will already be at 74.76% after the deal.
यह कहानी Mint Kolkata के June 30, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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