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21-Jul-2016

L’azurde looking for regional expansions through acquisitions

L’azurde Company for Jewelry [4011.SE] is looking for acquisitions in either the retail or manufacturing sector, primarily in the GCC, but also potentially in the MENA region, said the company’s CEO Selim Chidiac in an interview with Bloomberg. The company is also planning to launch new products and expand their retail operations using the proceeds from the IPO. (Bloomberg)

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