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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 2425.80
Berger Paints India 451.00
Kansai Nerolac Paint 185.55
JSW Dulux 3090.00
Indigo Paints 1051.40
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