JSW Paints had in June announced it would purchase a 74.76% stake in Akzo Nobel India for Rs 8,986 crore, followed by an open offer worth Rs 3,929.06 crore to acquire another 25% from public shareholders, PTI reported. The deal will position JSW Paints as the fourth-largest player in the country’s paint industry.“Commission approves the acquisition of up to 75 per cent shareholding in Akzo Nobel India Ltd by JSW Paints Ltd,” CCI said in a post on X.JSW Paints is part of the $23 billion JSW Group, with inter ...