Al-Futtaim sells Royal Sporting House to Gulf Marketing Group
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Singapore
AL-FUTTAIM, the parent company of department store operator Robinsons, is selling Royal Sporting House to Gulf Marketing Group (GMG), which will review and may "recalibrate" the sports retailer's physical presence.
The acquisition comprises Royal Sporting House's operations in South-east Asia, including Singapore, Malaysia and Indonesia, as well as in Hong Kong, Egypt and the Gulf Cooperation Council.
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