試す 金 - 無料
A Risk Looms for Akzo Investors
Mint Bangalore
|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.
このストーリーは、Mint Bangalore の June 30, 2025 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、10,000 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
Mint Bangalore からのその他のストーリー
Mint Bangalore
Starz sells Lionsgate Play to Rohit Jain
Canadian-American entertainment company Starz Entertainment Corp., formerly Lions Gate Entertainment Corporation, has sold Lionsgate Play—its streaming platform in South Asia and Southeast Asia—to Rohit Jain, president of Lionsgate Play Asia.
1 min
January 14, 2026
Mint Bangalore
RBI's FX swap sees nearly 3x demand
The Reserve Bank of India’s (RBI's) three-year dollar/rupee buy-sell swap auction drawing bids a little under three times the $10 billion size.
1 min
January 14, 2026
Mint Bangalore
India pulls solder wire QCO to ease electronics production
India has scrapped a crucial quality control order (QCO) on flux-cored solder wire, used in electronic items such as televisions, mobile phones, chargers, and earphones, to support domestic manufacturing and boost exports.
1 min
January 14, 2026
Mint Bangalore
USK buys into US snack brand Go Raw
SK Capital, the family office of billionaire banker Uday Kotak, has acquired a majority stake in Freeland Foods LLC, which owns the US-based seed-snack brand Go Raw.
1 mins
January 14, 2026
Mint Bangalore
Ducati plans 10 new models this year
Italian luxury motorcycle maker Ducati on Tuesday said it has lined up 10 new and updated motorcycle models for launch in the domestic market this year.
1 min
January 14, 2026
Mint Bangalore
UPI is fast, but a wrong click can turn into a nightmare
UPI’s instant, account-centric design prioritises execution, leaving little scope to undo errors
3 mins
January 14, 2026
Mint Bangalore
SBI, ICICI lead heavy bids in Biocon QIP
Drugmaker Biocon
1 min
January 14, 2026
Mint Bangalore
Uneven cinema growth weighs on box office
The decline of single-screen cinemas and the concentration of multiplexes in the top metros are narrowing options for India’s moviegoers and hurting box-office collections of films, according to experts.
2 mins
January 14, 2026
Mint Bangalore
Trump warns of 25% tariff on countries trading with Iran
While India-Iran trade remains modest, the ties are key to New Delhi's strategic autonomy
2 mins
January 14, 2026
Mint Bangalore
NITs, pvt colleges begin to see crore-plus salary packages
High-frequency trading firms, technology companies, startups are recruiting beyond IITs
2 mins
January 14, 2026
Listen
Translate
Change font size