Corporate Ownership Changes
AkzoNobel is potentially divesting its stakes in South Asian paint businesses, including its joint venture with CIC in Sri Lanka. This suggests potential ownership transitions in the corporate sector.
Corporate ownership discussions are like bird-watching: intense concentration on tiny movements, zero chance anyone outside the room actually cares, and probably more suspense about whether something interesting will happen than actual results.
In the past year, AkzoNobel (AN) sold its India unit and agreed to sell its Pakistan operation Given the exits from its larger South Asian paints businesses, it would be surprising if AN retained its #lka JV with #CIC Will CIC buy-out AN's 51% stake in its SL paints unit? #CSE https://t.co/YXyNuAiZSX https://t.co/TrYs9hx9W6
Sri Lanka Spurfowl is one of the localised endemics on our #all4birding #SriLanka trip. We have a stake-out for these ground-dwelling secretive birds! Our next departure, in Jan '27, has a few spots left - join Katinka on a memorable journey! More info: https://t.co/yBJVAzu5e6 https://t.co/8wrb1d4ere