Harbin’s Watsons Acquires British Fragrance Chain Store Group
The retailer Watson’s and Merchants Retail, a British perfume chain, announced that the two parties had reached an agreement and Watson’s acquisition of all shares of Merchant Retail involved a total of 221.9 million pounds. The directors of Merchant Retail believe that the Watsons offer is reasonable and recommend shareholders to accept the offer. It is reported that Merchant Retail is a professional perfume chain group in the UK with operations in the United Kingdom, Ireland and Australia.
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