Tara Jewels plans to acquire 49% stake in Australian Retailer

Plans to expand in New Zealand and Australian markets

Tara Jewels announced that the Company is in talks of 49% of a Top Australian Retailer Bevilles Jewelller. The proposed strategic investment would give Tara Jewels access to highly profitable New Zealand and Australian markets.

Bevilles Jeweller is a 80 year old retailer with an annual turnover of 34 million AUD (Rs 170 crore).

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