Corporate and M&A

Farfetch receives EC clearance to buy stake in Yoox Net-A-Porter

2023-10-24T08:47:00

Farfetch

Farfetch, the Internet platform for luxury goods, is cleared by the European Commission to acquire a 47.5 percent equity stake in Yoox Net-A-Porter (YNAP) in exchange for Farfetch Class A ordinary shares going to Richemont, a publicly traded company on the Swiss Exchange that operates three luxury business units. Yoox, ...

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