TJ Maxx owner gains mideast access with Brands for Less stake
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By Bloomberg Published Aug 22, 2024 The owner of T.J. Maxx has acquired a 35% stake in Dubai-based Brands for Less for $360 million, giving the US discount retailer access to fast-growing consumer markets in the Middle East. Reuters TJX Cos. is buying into the firm at an enterprise value of $1.2 billion, according [...]read moreTJ Maxx owner gains mideast access with Brands for Less stake