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Akzo Nobel executes definitive agreement to sell Specialty Chemicals Business

16 Feb 2018 Evaluate

Akzo Nobel India has executed definitive agreement for sale of its Specialty Chemicals Business to Akzo Nobel Chemicals India on February 15, 2018. The transaction is expected to be completed by March 31, 2018.

Akzo Nobel India (previously known as ICI India) is engaged in manufacturing and marketing of paints, speciality chemicals and adhesives.

Peers
Company Name CMP
Asian Paints 2371.85
Berger Paints India 458.65
Kansai Nerolac Paint 177.05
JSW Dulux 2962.40
Indigo Paints 1038.75
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