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JSW Paints acquires Akzo Nobel India for $1.1 billion, boosting its market position in India.
JSW Paints is acquiring Akzo Nobel India for about $1.1 billion, positioning JSW as the fourth-largest in India's decorative paints market and second in industrial paints.
The deal, expected to close soon, will be financed partly by equity and loans, boosting JSW's market presence and profitability.
Akzo Nobel India, known for its Dulux brand, holds a 7% market share in India.
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JSW Paints adquiere Akzo Nobel India por $ 1.1 mil millones, impulsando su posición de mercado en la India.