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Billionaire Damani acquires Health & Glow for ₹750 crore: Report
short by Ashley Paul / on Friday, 21 July, 2023
Avenue Supermarts' billionaire Founder Radhakishan Damani has acquired beauty and personal care retailer Health & Glow for around ₹700-750 crore, The Economic Times reported. This would reportedly be Damani's second buyout after Bombay Swadeshi Stores, which counted Bal Gangadhar Tilak and JRD Tata as its founding fathers. Health & Glow was founded in 1997 and now operates over 175 stores.
read more at Moneycontrol