GRT Jewellers to buy controlling stake in TBZ for up to Rs 1,034 crore
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.
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Also reported by 1 other outlet
- GRT Jewellers to acquire 74.12% stake in 162-year-old TBZ for ₹1,034 cr business-standard.com
