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The Valspar (Singapore) Corporation Pte. acquires subsidiary
March 30, 2010
By: DAVID SAVASTANO
According to published reports, DIC India has executed a share purchase agreement to sell its entire stake in its wholly-owned unlisted subsidiary, DIC Coatings India to The Valspar (Singapore) Corporation Pte. DIC, along with its subsidiaries, which includes Sun Chemical, is the world leaders in printing inks with a global market share of nearly 40 percent. DIC also has a strong presence in printers’ supplies, machinery, pigments and reprographic products.
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