Akzo Nobel India explores selling its powder coatings business to its parent company and acquiring paint IP.

Akzo Nobel India is exploring the sale of its powder coatings business and R&D operations to a subsidiary of its parent company, Akzo Nobel NV, following a request from the parent. The company is also looking into acquiring decorative paints intellectual properties from the parent. Management is authorized to pursue these potential transactions, subject to board approval and legal compliance.

3 months ago
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