Emaar Properties PJSC, the builder of the world’s tallest tower in Dubai, sold the Hamptons Group Ltd.’s Europe, U.K. and Asia operations to Countrywide Plc for 428.1 million dirhams ($116 million), incurring a loss of 38.5 million dirhams.
Emaar made the announcement in its financial statement posted on Dubai bourse website. The company will continue to operate Hamptons in the Middle East and North Africa.
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