Wealth and Asset Management
Italian online fashion retailer buys Richemont's Net-a-Porter
Italian online fashion retailer Yoox has agreed to acquire Richemont's Net-a-Porter in an all-share deal that will create an industry leader in the fast-growing online luxury goods market. Richemont will receive 50 percent of the combined entity called Yoox Net-a-Porter Group but its voting rights will be limited to 25…
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