AkzoNobel NV, Europe’s largest paint maker and owner of Dulux, plans to exit its India business after 70 years, a move that comes amid increasing competition in the domestic market. The Dutch firm is ...
The Netherlands-based AkzoNobel is looking to sell its India business at a valuation of $2.5-3 billion. While the deal is in the early stages, some of India’s biggest conglomerates seem interested.
Dutch firm and Dulux owner AkzoNobel NV has signalled its intent to engage with market players in India as it evaluates options for its decorative paints business. In a post-earnings call with ...