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As per the transaction, Titan Holdings will acquire the 67% shareholding, subject to the fulfillment of conditions precedent ...
This move aims to expand Titan Company's footprint in the Middle East, joining a league of other homegrown gold and diamond ...
Titan Company, part of India’s Tata Group, is stepping up its jewellery game big time! On July 21, Titan announced it’s buying a 67% stake in Damas Jewellery — a brand that’s basically a household ...
Titan shares gained in July 22 trading session as the country's leading branded jewellery maker company announced to acquire ...
Arabian Gulf Business Insight on MSN2h

Tata 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 ...
Titan's wholly-owned subsidiary Titan Holdings International FZCO on Monday signed a definitive agreement with Mannai ...
Titan's acquisition of Damas will be funded through a mix of debt, internal accruals, and existing cash balances, with the ...
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 ...
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 Company Ltd is set to acquire a 67% stake in UAE-based jeweller Damas LLC for AED 1.04 billion. The strategic move ...
India's Titan Company on Monday said it would acquire a majority stake in UAE's Damas LLC, the current holding company for ...
Titan Holdings acquires 67% of Damas LLC, expanding Titan's reach in the GCC jewellery market, with future stake purchase ...