Paints consolidation: JSW Paints gets CCI nod for Rs 12,915 crore Akzo Nobel India deal; to become fourth-largest player
Paints consolidation: JSW Paints gets CCI nod for Rs 12,915 crore Akzo Nobel India deal; to become fourth-largest player
The Competition Commission of India (CCI) has approved JSW Paints' acquisition of a 74.76% stake in Akzo Nobel India for ₹12,915 crore. This deal will position JSW Paints as the fourth-largest player in the Indian paint industry. Additionally, CCI cleared Triumph Composites and Quartz Fibre's acquisition of Owens-Corning (India), covering specific glass fibre products.
The Competition Commission of India (CCI) has approved JSW Paints' acquisition of a 74.76% stake in Akzo Nobel India for ₹12,915 crore. This deal will position JSW Paints as the fourth-largest player in the Indian paint industry. Additionally, CCI cleared Triumph Composites and Quartz Fibre's acquisition of Owens-Corning (India), covering specific glass fibre products.
The Competition Commission of India (CCI) has approved JSW Paints' acquisition of a 74.76% stake in Akzo Nobel India for ₹12,915 crore. This deal will position JSW Paints as the fourth-largest player in the Indian paint industry. Additionally, CCI cleared Triumph Composites and Quartz Fibre's acquisition of Owens-Corning (India), covering specific glass fibre products. 
