Vaibhav Global’s wholly owned step down subsidiary -- Shop TJC, UK (Shop TJC), has entered into an agreement on September 22, 2023 to acquire assets of Ideal World. Having a legacy of over 20 years, Ideal World is one of the major teleshopping brands in the UK. Ideal World, through its proprietary TV shopping channel, is into teleshopping and digital retail of lifestyle products.
Shop TJC will acquire Ideal World’s IP rights, broadcasting rights, studio equipment along with other intangible assets. The transaction shall be funded through internal accruals.
Vaibhav Global earlier known as Vaibhav Gems incorporated in Jaipur in 1989, is today a professionally managed, end-to-end vertically integrated business organization.
Company Name | CMP |
---|---|
Avenue Supermarts | 4573.95 |
Aditya Birla Fashion | 258.60 |
Trent | 4532.65 |
Future Retail | 2.06 |
Electronics Mart Ind | 214.50 |
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