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TCNS Clothing shares crash 19% as Aditya Birla Fashion to acquire majority stakeAditya Birla Fashion & Retail's acquisition of a 51% stake in TCNS Clothing has led to a 19% drop in the latter's stocks. ABFRL aims to acq...- Aditya Birla Fashion to raise up to ₹800 crore for TCNS acquisition"For funding, we probably need about ₹700 to 800 crore through external debt, which we will have to raise... The remaining ₹800 crore will ...
- Aditya Birla Fashion to acquire 51% stake in TCNS Clothing for Rs 1,650 crAs part of the transaction, ABFRL will make a conditional open offer to acquire up to 29% stake at Rs 503 per share from public shareholder...
- Aditya Birla Group leads race to add W owner to cartNykaa also in running for TCNS Clothing. Promoters and PE Firm TA Associates looking to exit their 61% stake.
- TCNS Clothing rallies 11% amid reports of Reliance Retail, Nykaa eyeing promoter stakeThe stock of TCNS Clothing in the last one year has fallen close to 25% and is currently trading 35% lower from its 52-week high of Rs 932....
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