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Landmark into Debenhams
- United Arab Emirates: Saturday, December 22 - 2007 at 08:08
The Dubai based Landmark Group has accumulated a 7.3% stake in the UK department store chain Debenhams, reported Emirates Business 24/7. Landmark's CEO Micky Jagtiani described the investment as a 'short-term strategic deal'; the firm's investment arm, the Milestone Resources Group, handled the transaction. Debenhams has four outlets in the UAE at present, with three in Dubai and one in Sharjah.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, December 22 - 2007 at 08:08 UAE local time (GMT+4)
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