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Business

Ramphastos Investments fails to make agreement with Hema bondholders

Ramphastos Investments has announced that it has failed to reach an agreement with Hema’s bondholders after offering 523 million euros in an attempt to reduce the company’s debts. The owner of Ramphastos Investments Marcel Boekhoorn acquired Hema at the end of 2018 and has since invested 115 million euros in the Dutch department store chain. He...

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