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New Deal


Announced

Reliance Retail Ventures to acquire a majority stake in Abraham & Thakore Exports.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Friendly

India

Pending

Clothing and Accessories

Private

designer brand

Single Bidder

Acquisition

Majority

Domestic

Synopsis

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Reliance Retail Ventures, a retail outlet, agreed to acquire a majority stake in Abraham & Thakore Exports, a designer brand. Financial terms were not disclosed. “With Indian luxury customers undergoing a generational consumption shift, there is heightened appreciation of Abraham & Thakore timeless design, and we are excited to partner with the brand to bring its unique expression of Indian craftsmanship to consumers globally,” Isha Ambani, Reliance Retail Ventures Director.

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