XXL refinances itself as sales and profits decline

2019-10-18T00:00:00

XXL ASA's ongoing problems will lead to a change of ownership in the framework of a new refinancing program. The Norwegian Altor fund will become the largest shareholder of the leading Nordic sporting goods retailer, replacing Øivind Tidemandsen, who founded it in 2001. Altor, the former controlling shareholder of Helly ...

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