Central Group to acquire the operational business of Globus from Signa.

Central Group, a Thailand’s largest retailer, agreed to acquire the operational business of Globus, a company that operates luxury department stores in Switzerland, from Signa, a privately-owned real estate company. Financial terms were not disclosed. The deal, covers only the company operating the stores and doesn’t change the ownership of the respective buildings, which occupy prime locations in the commercial areas of Switzerland’s main cities.