Imperial Chemical likely to sell 5% stake in Akzo Nobel via ₹742.7-crore block deal
The offer size is pegged at ₹742.7 crore, with a floor price of ₹3,261.80 per share. This represents a discount of about 4% to Akzo Nobel’s last closing price. Shares of Akzo Nobel India Ltd ended at ₹3,399, up by ₹22.45 or 0.66%, on the BSE today (September 23).
The offer size is pegged at ₹742.7 crore, with a floor price of ₹3,261.80 per share. This represents a discount of about 4% to Akzo Nobel’s last closing price. Shares of Akzo Nobel India Ltd ended at ₹3,399, up by ₹22.45 or 0.66%, on the BSE today (September 23).
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