Asian Paints acquires additional stake in White Teak for Rs 54 crore; shares fall
Asian Paints also paid an earn out of Rs 59.5 crore to the promoters of White Teak.
Source: moneycontrol.com
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Cyril Amarchand Mangaldas advises Asian Paints on acquisition of decorative lighting and home decor company White Teak
New Delhi/ Mumbai (Maharashtra) [India], April 7 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Asian Paints, India's leading paint manufacturing company and ranked among the top ten decorative coatings companies in the world, on their acquisition of Obgenix Software Private Limited (known as White Teak), a company engaged in the business of decorative lighting and home decor, from Pawan Mehta & Gagan Mehta, the selling shareholders of White Teak.
Source: webindia123.com