Tcns
Business Services · United Kingdom · 11-50 Employees
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Overview
Headquarters
Kingsbury Rd, Curdworth, West Midlands, ...Phone Number
+44 1216046224Website
www.tcns.itRevenue
<$5 MillionIndustry
About Tcns
Tcns Org Chart
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Tcns Tech Stack
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Tcns News & Media
TCNS acquisition pricey, say analysts; Aditya Birla Fashion management allays concerns
ABFRL is paying ₹503 per share for acquiring the shares from the promoters and for the open offer.Aditya Birla Fashion, TCNS Clothing's shares tank on merger news - Business Insider India
At around ₹1,650 crore for 51% stake, the acquisition could be one of the largest deals in the Indian fashion space.Post the merger, every shareholder of TCNSAditya Birla Fashion-TCNS Deal: What Analysts Make Of Acquisition - BQ Prime
Aditya Birla Fashion and and Retail Ltd. is likely to face challenges in reviving the earnings of TCNS Clothing Co., which it is in the process of acquiring, according to analysts. The retail arm of Aditya Birla Group made an open offer on May 5 to acquire up to 51% of TCNS Clothing Co. for Rs 1,650 crore, as per an exchange filing.Aditya Birla Fashion to raise up to ₹800 crore for TCNS acquisition - The Economic Times
"For funding, we probably need about ₹700 to 800 crore through external debt, which we will have to raise... The remaining ₹800 crore will be funded through internal accruals," Ashish Dikshit, managing director of ABFRL told ET. "Our balance sheet is strong enough to raise that."
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Frequently Asked Questions Regarding Tcns
Total Computer & Network Support specializes in providing managed IT services and connectivity solutions tailored to meet the specific needs of businesses. Their extensive offerings include IT consultancy, data cabling, cybersecurity, cloud services, and infrastructure management. The company has been operational since 1993 and prides itself on del... Read More