PARIS — Germany’s Douglas Group has the green light to take over the Nocibé perfumery chain as long as the new entity sheds 38 of its doors in France, the country’s competition authority said Wednesday.
AI Perfume France SAS, which is indirectly held by Douglas Holding AG, the parent company of the Douglas Group and Douglas Perfumeries, signed the contract for the purchase in February. Its terms were not disclosed.
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