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Thai Retailer’s Shares Plunge on Plan to Sell Italy Business
Central Retail Corporation Pcl’s shares headed for the biggest decline in almost five years after it announced a plan to sell its high-end department store business Rinascente in Italy, a move that investors expect will hurt the bottom line.
Central Retail Corporation Pcl’s shares headed for the biggest decline in almost five years after it announced a plan to sell its high-end department store business Rinascente in Italy, a move that investors expect will hurt the bottom line.
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