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Next acquires JoJo Maman Bébé with investment firms
Mother and baby brand JoJo Maman Bébé has been snapped up by Next Plc and a number of investment funds and vehicles managed by Davidson Kempner Capital Management. Next acquired a 44 percent stake in the UK company, from the shares of existing shareholders, while other investment firms acquired the remaining 56 percent. Upon the completion of...
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