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IGI Holdings acquires Akzo Nobel
IGI Investments (Private) Limited, a wholly owned subsidiary of IGI Holdings Limited, has completed the acquisition of a 98.31% stake in Akzo Nobel Pakistan Limited for Rs15.25 billion. IGI Holdings disclosed this in a filing to the Pakistan Stock Exchange (PSX) on Wednesday. “Further to the execution of the Share Purchase Agreement (SPA) for the acquisition of 98.31% shares of Akzo Nobel Pakistan Limited with ICI Omicron B.V., the transaction has been completed on September 30, 2026 upon payment of Rs15,246 million as purchase price in accordance with the terms of the SPA following compliance...
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