Asian Paints to buy 51% stake in Ethiopia-based Kadisco Paint

Industry:    2016-01-04

NEW DELHI: Asian PaintsBSE 0.69 % will acquire 51 per cent stake in Ethiopia-based Kadisco Paint through its Singapore-based subsidiary Berger International for an undisclosed sum. “Berger International Limited, Singapore, a wholly owned subsidiary of Asian Paints (International) Limited on October 22, 2014 has signed a share purchase agreement and other definitive agreements and documents to acquire 51 per cent stake in Kadisco,” Asian Paints informed the BSE. Kadisco is on .. Read more at: http://economictimes.indiatimes.com/articleshow/44910323.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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