Titan buys 27% Caratlane stock for Rs 4.6k crore

CaratLane recorded a turnover of Rs 2,177 crore for FY 2022-23, and the current transaction thus values the company at almost eight times its FY23 revenue. The deal is expected to be concluded on October 31, subject to approvals.

from Times of India https://ift.tt/0vGCahL