Interview: Titan Company explores funding options for M&A
Vinay Bhutra, head of treasury at the Bangalore-based lifestyle firm, discussed with CT the team’s 2023 debut in India’s bond market, and how that inspired its fundraising strategy, as it expands in the Middle East.
India-headquartered Titan Company, a lifestyle company known for its watch, jewellery and eyewear brands, announced on July 22 that it will acquire a 67% major stake in Dubai-based Damas Jewellery, the firm’s latest acquisition to support its expansion in the Middle East. The transaction is said to value Damas at AED1.04 billion ($283.2 million).
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