• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi, Feb. 20

Automotive paints maker Asian PPG Industries will acquire the advanced refinish business of ICI India. The company, a joint venture between Asian Paints Ltd and US-based PPG Industries Inc, would buy the unit for Rs 52 crore. The acquisition would make PPG the largest player in the auto refinish paints market in India. ICI India said the divestment would help the company to focus on its growth strategy for its decorative paints and conventional paints business.

More Stories on : Mergers & Acquisitions | Paints

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
HLL to become Hindustan Unilever

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line