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GRT Jewellers to buy controlling stake in TBZ for up to Rs 1,034 crore

GRT Jewellers to buy controlling stake in TBZ for up to Rs 1,034 crore
Source: Economic Times - NRI

GRT Jewellers will acquire a 74.12% controlling stake in TBZ for up to Rs 1,033.71 crore, expanding its store network and national footprint. The deal combines two longstanding jewellery brands, subject to regulatory approvals and a mandatory open offer.

Original reporting: Economic Times - NRIRead original report →
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