कोशिश गोल्ड - मुक्त
Titan to buy majority stake in Damas Jewellery, expand presence in GCC countries
The New Indian Express Nagapattinam
|July 22, 2025
TITAN COMPANY has entered into an agreement to acquire a 67% stake in Dubai-based jewellery firm Damas from Qatar-based Mannai Corporation.
The consideration for the proposed transaction is based on an enterprise value of AED 1,038 million ($282 mn).
The Tata Group company, which runs Tanishq jewellery stores in India and abroad, would also have the option to acquire the balance 33% stake from Mannai after December 31, 2029.
यह कहानी The New Indian Express Nagapattinam के July 22, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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