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Titan Company will buy a 67% stake in Dubai-based luxury jeweller Damas at an enterprise value of 1.04 billion dirham ($283.2 ...
The Tata Group-backed Titan expands into the Middle East with majority acquisition of Dubai-based Damas Jewellery; shares ...
1h
NDTV Profit on MSNTitan Shares Rise Post 67% Stake Acquisition In UAE-Based Damas JewelleryTitan's wholly-owned subsidiary Titan Holdings International FZCO on Monday signed a definitive agreement with Mannai ...
As per the transaction, Titan Holdings will acquire the 67% shareholding, subject to the fulfillment of conditions precedent ...
Titan's acquisition of Damas will be funded through a mix of debt, internal accruals, and existing cash balances, with the ...
Titan Company has acquired a 67% stake in Damas LLC, a Dubai-based luxury jeweler. The deal is worth $283.2 million. This ...
11h
Khaleej Times on MSNIndia’s Titan to acquire majority stake in Dubai’s Damas for over Dh1 billionThe acquisition will facilitate the fashion accessories manufacturer’s expansion across six GCC countries. Founded in 1907 in ...
This move aims to expand Titan Company's footprint in the Middle East, joining a league of other homegrown gold and diamond ...
Country's leading branded jewellery maker Titan has signed a deal to acquire a majority 67 per cent stake in UAE-based Damas Jewellery aiming at expanding business in GCC countries.
Titan acquires a majority stake in UAE-based Damas Jewellery for nearly Rs 2,438 crore, expanding its presence in GCC ...
1h
NDTV Profit on MSNTitan-Damas Deal: Here's Why Brokerages Are Cheering UAE Firm AcquisitionWhile Macquarie maintained 'outperform' with a target price of Rs 4,150, Morgan Stanley retained its 'overweight' rating with target price of Rs 3,876.
Titan to acquire 67% stake in Dubai-based Damas LLC in an all-cash deal for AED 1,038 million (Rs 2,439 crore). The ...
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