Tag: SOUTH ASIA
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Blackstone Enters Bid for Akzo Nobel’s Paints Business Amid Strategic Review
Blackstone Inc has entered the bidding for Akzo Nobel’s paints business, joining other interested parties such as JSW Group and Pidilite. Berger Paints has exited the race due to high valuations. Akzo Nobel is conducting a strategic review to focus on its core coatings businesses, with a sell-off expected to conclude by late 2025. American…