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Upon completion of the transaction, Titan will gain access to 146 Damas stores across Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
Titan upgraded to 'Buy' by JM Financial after Damas stake; explore how this deal expands Titan's global jewellery reach.
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NDTV Profit on MSNTitan-Damas Deal: Here's Why Brokerages Are Cheering UAE Firm Acquisition
While Macquarie maintained 'outperform' with a target price of Rs 4,150, Morgan Stanley retained its 'overweight' rating with ...
Titan Company added 1.40% to Rs 3481.20 after the company announced that it has entered into an agreement for acquiring 67% shareholding in Damas LLC (UAE), the current holding company for Damas ...
This move aims to expand Titan Company's footprint in the Middle East, joining a league of other homegrown gold and diamond ...
As per the transaction, Titan Holdings will acquire the 67% shareholding, subject to the fulfillment of conditions precedent ...
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Titan Company will buy a 67% stake in Dubai-based luxury brand Damas from Qatar's Mannai Corporation at an enterprise value of 1.04 billion dirham ($283.2 million), potentially making it one of the ...
Titan shares gained in July 22 trading session as the country's leading branded jewellery maker company announced to acquire ...
The Tata Group-backed Titan expands into the Middle East with majority acquisition of Dubai-based Damas Jewellery; shares ...
2h
NDTV Profit on MSNTitan Shares Rise Post 67% Stake Acquisition In UAE-Based Damas Jewellery
Titan's wholly-owned subsidiary Titan Holdings International FZCO on Monday signed a definitive agreement with Mannai ...
Titan Company Ltd is set to acquire a 67% stake in UAE-based jeweller Damas LLC for AED 1.04 billion. The strategic move ...
Titan's acquisition of Damas will be funded through a mix of debt, internal accruals, and existing cash balances, with the ...
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