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The Dh1.038 billion ($280 million) deal — inked through Titan’s wholly owned subsidiary, Titan Holdings International FZCO — ...
Titan Holdings acquires 67% of Damas LLC, expanding Titan's reach in the GCC jewellery market, with future stake purchase ...
Titan Company, part of Indian conglomerate Tata Group, will take a major step in its international growth plan after announcing that it was buying a majority 67 per cent stake in Dubai-based luxury ...
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 ...
Upon completion of the transaction, Titan will gain access to 146 Damas stores across Bahrain, Kuwait, Oman, Qatar, Saudi ...
Retail Boost: It can tap into Damas’s existing network of 146 stores, which adds to its presence. Currently, Titan’s premier brand Tanishq operates 13 stores in the GCC region. Brand Diversification: ...
Titan Company Ltd is set to acquire a 67% stake in UAE-based jeweller Damas LLC for AED 1.04 billion. The strategic move ...
This move aims to expand Titan Company's footprint in the Middle East, joining a league of other homegrown gold and diamond ...
Titan's acquisition of Damas will be funded through a mix of debt, internal accruals, and existing cash balances, with the ...
As per the transaction, Titan Holdings will acquire the 67% shareholding, subject to the fulfillment of conditions precedent ...
Since launching the viral Dubai Chocolate one year ago, Le Damas Sweets has expanded rapidly, today boasting partnerships ...
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