ANSA Coatings International Limited entered into an agreement to acquire 9.7% stake in Berger Paints Trinidad Limited (TTSE:BER) from Chan Ramlal Limited for TTD 3.4 million on June 12, 2017. Under the terms of the transaction, ANSA Coatings International Limited will acquire 0.5 million shares at TTD 6.76 per share. The deal is subject to the fulfillment of certain conditions precedent, typical in share purchase transactions of this nature, before completion of the share purchase transactions contemplated thereby can be completed.