Sections

Richemont launches bid for 100% of YNAP

Swiss group offering 38 euro per share for part doesn't already own

Redazione Ansa

(ANSA) - Rome, January 22 - Richemont said Monday that it is making a bid to buy 100% of fashion online retailer Yoox Net-a-Porter. The Swiss luxury group is offering 38 euros per share to buy the half of the company that it does not already own.
    Three years ago it merged Net-a-Porter with Italian rival Yoox.
   

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