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Upon completion of the transaction, Titan will gain access to 146 Damas stores across Bahrain, Kuwait, Oman, Qatar, Saudi ...
Titan Company will buy a 67% stake in Dubai-based luxury brand Damas from Qatar's Mannai Corporation at an enterprise value ...
Titan Holdings acquires 67% of Damas LLC, expanding Titan's reach in the GCC jewellery market, with future stake purchase ...
This move aims to expand Titan Company's footprint in the Middle East, joining a league of other homegrown gold and diamond ...
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 ...
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 ...
2d
Arabian Gulf Business Insight on MSNTata to acquire major stake in jewellery retailer Damas
A unit of India’s Tata Group has agreed to acquire a majority stake in Dubai-based jewellery retailer Damas. Titan Holdings, a wholly owned subsidiary of fashion accessory maker Tata, will acquire a ...
(Reuters) -Indian jeweller Titan Company said on Monday it would acquire a 67% stake in Dubai-based luxury jewellery retailer Damas at an enterprise value of 1.04 billion UAE dirham ($283.2 million), ...
Titan Company Ltd is set to acquire a 67% stake in UAE-based jeweller Damas LLC for AED 1.04 billion. The strategic move ...
The Tata Group-backed Titan expands into the Middle East with majority acquisition of Dubai-based Damas Jewellery; shares ...
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