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Frasers Group Buys Harvey Nichols Out of Insolvency, Beating Next

Mike Ashley’s Frasers Group Plc acquired struggling Harvey Nichols out of insolvency, beating out rival retailer Next Plc for the storied British department store chain after it fell on hard times.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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