ABFRL To Pick Up 29 Stake In TCNS Clothing - BW Businessworld
TCNS Clothing is the owner of popular ethnic brands W, Aurelia, Wishful, Folksong and Elleven, , Aditya Birla Fashion and Retail Ltd (ABFRL), TCNS Clothing
Source: businessworld.in
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ABFRL to acquire 51% stake in TCNS Clothing in Rs 1,650 crore deal
"The acquisition is in line with the company's objective of building a comprehensive fashion portfolio across consumer segments and price points," the company said in a statement.
Source: freepressjournal.in
ABFRL to Acquire 51% Stake in TCNS Clothing in Rs 1,650 Crore Deal
As per the deal, it will acquire TCNS Clothing's founding promoter's stake through a share purchase agreement and a conditional public open offer followed by a merger between the two entities
Source: news18.com
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Aditya Birla Fashion To Acquire 51% Stake In TCNS Clothing For Rs 1,650 Crore
The Aditya Birla group firm has entered into definitive agreements to acquire a 51 per cent stake in TCNS Clothing, which owns ethnic brands such as W, Aurelia, Wishful, Folksong and Elleven, said a joint statement
Source: outlookindia.com
ABFRL to acquire 51% stake in TCNS Clothing in Rs 1,650 crore deal
The Aditya Birla group firm has entered into definitive agreements to acquire a 51 per cent stake in TCNS Clothing, which owns ethnic brands such as W, Aurelia, Wishful, Folksong and Elleven, said a joint statement.
Source: moneycontrol.com