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Vinted eyes secondhand market growth with United Wardrobe buy

2020-10-27 12:42:00| Daily apparel & textile news and comment - from just-style.com

European secondhand fashion marketplace Vinted has acquired what is claimed to be the largest secondhand fashion platform in the Netherlands, United Wardrobe.

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Cenovus Energy to Buy Husky Energy for $24 Billion

2020-10-25 13:21:05| OGI

The combined company is expected to generate annual synergies of $1.2 billion and will operate as Cenovus Energy Inc with headquarters in Alberta.

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Cellnex to buy tower infrastructure of Play in Poland

2020-10-23 10:46:00| Telecompaper Headlines

(Telecompaper) Spanish operator Cellnex has agreed to acquire the tower infrastructure of Polish operator P4 from France's Iliad group. Under the deal, Cellnex will buy about 7,000 sites, and pay EUR 800 million for a 60 percent controlling stake in the company that will manage those sites. The newly-created tower company plans to invest up to EUR 1.3 billion into rolling out of up to 5,000 new sites over the next 10 years. Iliad launched a takeover bid for Play  last month and is expected to close that deal by November. The agreement between Iliad and Cellnex is expected to complete in the second quarter of next year. At that point, Cellnex will have 73,000 sites in nine countries. 

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Shale Gas Producer EQT Reportedly Seeking to Buy CNX Resources

2020-10-22 22:35:00| OGI

EQT had recently sent a takeover proposal to rival CNX Resources, a report said, adding that no final decision has been made.

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Alibaba to buy controlling stake in Sun Art Retail

2020-10-20 13:36:00| Daily apparel & textile news and comment - from just-style.com

China's Alibaba Group Holding Limited is to take a majority stake in Sun Art Retail Group Limited, one of the country's largest big box retailers.

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