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Swiss company buys a $190 million stake in H&M

Swiss company buys a $190 million stake in H&M

Swiss company buys a $190 million stake in H&M

(Bloomberg)—An investment company linked to home-furnishings giant Ikea has bought a $190 million stake in clothing retailer Hennes & Mauritz AB, bringing two of Sweden’s best-known retail brands financially closer. Interogo Holding AG of Switzerland now owns about 10.2 million shares worth 1.7 billion Swedish kronor. The acquisition of the 0.6% stake comes at a […]

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