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Business

Stefan Persson increases stake in H&M Group

London - Stefan Persson, Chairman of the H&M Group, has increased his stake in the fashion conglomerate. He currently holds a 40 percent stake in the Group after acquiring 2.1 million shares in the Swedish company. Persson purchased 1.6 million B-shares in H&M on June 29, priced at 209 Swedish crowns (19.03 pounds) per share and an additional...

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