Thailand's Central Group to buy Swiss department stores Globus

Thailand's Central Group to buy Swiss department stores Globus

FILE PHOTO: The company's logo is seen at a Globus fashion store in Zurich, Switzerland February 4, 2020. REUTERS/Arnd Wiegmann/File Photo

Thai retail and property conglomerate Central Group said on Monday it will take over the operational business of Magazine zum Globus AG, which operates luxury department stores in Switzerland.