MAGRABI Retail acquires majority stake in Egypt’s Baraka Optics Group
MAGRABI Retail has signed an agreement to acquire a 51% stake in Baraka Optics Group, one of Egypt’s leading optical retail chains. The transaction remains subject to regulatory approvals, including clearance from the Egyptian Competition Authority (ECA). Founded in 1979 as a wholesale optics business before expanding into retail in 1984, Baraka Optics Group today […] The post MAGRABI Retail acquires majority stake in Egypt’s Baraka Optics Group first appeared on Dailynewsegypt.
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