Akzo Nobel India Ltd's board has decided to explore selling its powder coatings business and R&D operations to Akzo Nobel NV.
Besides, Akzo Nobel India has asked to explore the potential acquisition of decorative paints intellectual properties owned ...
The proposal also includes Akzo Nobel India potentially acquiring the decorative paints' intellectual property owned by ANNV.
Akzo Nobel NV is a holding company that engages ... marine and protective; and powder coatings. The Specialty Chemicals segment manufactures functional, industrial, and pulp and performan ...
Berger Paints is actively looking to buy Akzo Nobel's India stake as the latter's promoters look to exit India market with sale of their 74.6% stake, reported CNBC-TV18 citing sources on January 7.
"The Board of Directors of the company, at its meeting held on January 6, 2025, took note of the above said and authorised the company's management to commence exploratory steps as may be required to ...