AkzoNobel completes sale of AkzoNobel Pakistan to Packages Group
AkzoNobel has completed the sale of Akzo Nobel Pakistan Limited to IGI Investments (Pvt.) Limited, which is part of the Packages Group, one of Pakistan’s most diversified conglomerates. The transaction is based on a total enterprise value of approximately €50 million (16.2 billion PKR), representing an EV/EBITDA multiple of 14x, and includes AkzoNobel’s Decorative Paints […]

