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The Dh1.038 billion ($280 million) deal — inked through Titan’s wholly owned subsidiary, Titan Holdings International FZCO — ...
While Damas has faced financial headwinds historically, the acquisition deal provides Titan a unique opportunity to gain immediate scale advantage and access to a premium, well-established brand.
Upon completion of the transaction, Titan will gain access to 146 Damas stores across Bahrain, Kuwait, Oman, Qatar, Saudi ...
Emkay Global has maintained a ‘Reduce’ rating on Titan Company, citing valuation concerns and operational challenges linked to its acquisition of Dubai-based Damas Jewellery. The brokerage believes th ...
Titan Holdings acquires 67% of Damas LLC, expanding Titan's reach in the GCC jewellery market, with future stake purchase ...
After the completion of the deal, Titan will have ownership of the business and trademark of Damas in the GCC countries of ...
Indian jeweller Titan Company said on Monday it would acquire a 67% stake in Dubai-based luxury jewellery retailer Damas at ...
Much to the delight of her hordes of loyal followers (now standing at a healthy one million, and counting), two-and-a-half years ago Damas launched her own brand, Rouje, offering style staples, such ...
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