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Berger Paints India Ltd is an Indian multinational paint company, based in Kolkata. [5] This company has 16 manufacturing units in India , [ 6 ] 2 in Nepal , and 1 each in Poland , Russia and Pakistan . [ 7 ]
Gurbachan Singh Dhingra is an Indian entrepreneur, promoter and vice chairman of Berger Paints. Gurbachan has been listed as one of Forbes India's richest Indians and also in its The World's Billionaires list among the highest Indians by net worth .
In June 2007, the Dutch firm AkzoNobel (owner of Crown Berger paints) bid £7.2 billion (€10.66 billion or $14.5 billion) for ICI. An area of concern about a potential deal was ICI's British pension fund , which had a deficit of almost £700 million and future liabilities of more than £9 billion at the time. [ 58 ]
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Chloe Berger Updated November 26, 2024 at 11:50 AM The investment bank allegedly failed to properly vet its rich clients’ assets, per the Wall Street Journal.
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