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flag Akzo Nobel NV offers Rs 2,143 crore to acquire its Indian subsidiary’s powder coatings and paint IP.

flag Akzo Nobel NV has offered to acquire its India subsidiary's powder coatings business and international research center for Rs 2,143 crore. flag This includes selling the intellectual property for decorative paints in India, Bangladesh, Bhutan, and Nepal for Rs 1,152 crore. flag The transactions require approval from Akzo Nobel India's shareholders and the parent company's supervisory board.

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