Multiple choice

Bombay-based “Nitco Paints” was acquired by

  1. British Paints

  2. Sherwin William's Co

  3. Jenson Nicholson

  4. Indian Chemical Industries
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Nitco Paints, a Bombay-based paint company, was acquired by Sherwin Williams, a major American paint company. This acquisition represented the entry of global paint giants into the Indian market through acquisitions. Sherwin Williams is one of the world's largest paint and coatings manufacturers.

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