Dulux-parent Akzo Nobel exits India with $1.1 billion asset sale to JSW Paints
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 27 2025
0mins
Source: Reuters
Akzo Nobel Exits Indian Market: Akzo Nobel has sold its entire stake in its Indian unit to JSW Paints for approximately 89.86 billion rupees ($1.05 billion), with JSW Paints set to hold a 74.76% stake post-deal.
Regulatory Approval Required: The transaction is pending approval from the Competition Commission of India, the country's antitrust regulator.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
