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What is Akzo Nobel India 2025 Business Update about?

Akzo Nobel India is simplifying its business structure by selling its powder coating business and international R&D center to its parent for a total of INR 21,430 million, which is expected to be earnings-accretive. The company will also acquire intellectual property for its decorative paints business for INR 11,520 million, potentially enhancing its market opportunities. Despite a projected loss of EBIT from the sold businesses, the removal of royalty payments and additional income from net cash flow are e

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cephalusplato

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EN