Japan's Lixil to buy Grohe of Germany in 3bn euro deal
Arab Today
German sanitary fittings maker Grohe said Thursday that Japanese housing and building materials company Lixil has agreed to take it over in a deal valuing the German group at 3.06 billion euros ($4.1 billion). Grohe "has entered into an agreement with Lixil and Development Bank of Japan in relation to the sale of an 87.5-percent equity interest in Grohe. This transaction represents the largest ever German investment by a Japanese company," the German group said in a statement.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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