Top Grocer Lulu Group International $1 Billion Consumer Deal
Customers form a social distancing queue outside the entrance to a Lulu hypermarket, operated by Lulu Group International, during the coronavirus lockdown in Dubai, United Arab Emirates, on Thursday, April 23, 2020. An investment firm backed by a member of Abu Dhabis royal family agreed to buy a stake worth just over $1 billion in LuLu Group International, which runs one of the Middle Easts largest hypermarket chains, according to people familiar with the matter. Photographer: Christopher Pike/Bloomberg via Getty Images

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1210873536
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Bloomberg
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April 23, 2020
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UAE LULU
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- Business,
- Business Finance and Industry,
- COVID-19,
- Coronavirus,
- Customer,
- Dubai,
- Economy,
- Epidemic,
- Essential Services,
- Finance and Economy,
- Healthcare And Medicine,
- Horizontal,
- Illness,
- Industry,
- Infectious Disease,
- Lockdown,
- Merchandise,
- Mergers and Acquisitions,
- Pandemic - Illness,
- Persian Gulf Countries,
- Photography,
- Retail,
- Social Distancing,
- Supermarket,
- The Media,
- United Arab Emirates,
- Virus,
- Waiting In Line,