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.

source https://timesofindia.indiatimes.com/business/india-business/titan-buys-27-caratlane-stock-for-rs-4-6k-crore/articleshow/102864099.cms

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