Will GRT Change The 162-Year-Old TBZ Name? Here’s What We Know After The ₹1,033.71-Crore Deal
Mumbai: GRT Jewellers has not announced any plan to change the iconic brand name of Tribhovandas Bhimji Zaveri, known as TBZ — The Original, after acquiring a controlling stake in the jewellery company. The Chennai-based jewellery retailer is buying a 74.12 percent stake in TBZ from its promoters. The transaction is valued at up to Rs 1,033.71 crore for the promoter holding, giving GRT control of…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
