Dubai-based retail group, Chalhoub Group, merged its local operations with local retailer Pearl Brands, a joint press statement announced on Thursday.
Chalhoub Group had bought half of Pearl Brands' shares. The capital of Pearl Brands is LL3.5 billion, according to the Commercial Register.
"We believe that if we join our efforts, we can bring in new concepts, make new investments, and reduce our costs, because the infrastructure is available," said Ghassan Jisr, CEO of Pearl Brand...
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