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Compagnie Financiere Richemont SA (CFR.S)

CFR.S on Virt-X Level 1

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23 May 2018
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Fri, May 25 2018

BRIEF-Richemont announces purchase of 3.1 mln newly issued Yoox shares

* PURCHASE OF 3'144'146 NEWLY ISSUED ORDINARY YNAP SHARES FOLLOWING EXERCISE OF STOCK OPTIONS

BRIEF-Compagnie Financiere Richemont Reaches 95 Pct Of Yoox Net-A-Porter Group S.P.A.'S Ordinary Shares

* RICHEMONT REACHES 95% OF YOOX NET-A-PORTER GROUP S.P.A.'S ORDINARY SHARES Source text for Eikon: Further company coverage:

Richemont clinches takeover of Yoox Net-A-Porter

ZURICH Swiss luxury goods group Richemont has clinched its takeover offer for Yoox Net-a-Porter (YNAP) by garnering more than 95 percent of the Italian group's shares, the companies said on Friday.

Richemont clinches takeover of Yoox Net-A-Porter

ZURICH, May 25 Swiss luxury goods group Richemont has clinched its takeover offer for Yoox Net-a-Porter (YNAP) by garnering more than 95 percent of the Italian group's shares, the companies said on Friday.

BRIEF-YNAP's CEO Enters Agreement With RLG To Transfer 2.4 Mln Shares

* SAID ON MONDAY THAT CEO FEDERICO MARCHETTI ENTERED AN AGREEMENT WITH RLG ITALIA HOLDING SPA TO TRANSFER 2.4 MILLION SHARES AT 38 EUROS PER SHARE AS PART OF THE BID LAUNCHED BY COMPAGNIE FINANCIERE RICHEMONT SA

Richemont targets more M&A after taking watch inventory hit

ZURICH Luxury goods group Richemont will focus on doing more M&A deals to reshape its business after reporting lower than expected full-year results, which included a 203 million euro buy back of watch inventories.

Richemont targets more M&A after taking watch inventory hit

ZURICH Luxury goods group Richemont will focus on doing more M&A deals to reshape its business after reporting lower than expected full-year results, which included a 203 million euro buy back of watch inventories.

UPDATE 2-Richemont targets more M&A after taking watch inventory hit

* Could do more deals, still in talks to sell Lancel (Adds management, analyst comments, shares.)

BRIEF-Compagnie Financiere Richemont SA CFO Says Sees Second-Watches As An Emerging Market

* CFO SAYS HAPPY WITH CURRENT LEVEL OF INVENTORY AT TRADE PARTNERS

Richemont says could do more M&A, net profit misses poll

ZURICH, May 18 Luxury goods group Richemont said on Friday it could target strategic investments and divestments after organic sales rose 8 percent in constant currency terms in its fiscal year to March, helped by buoyant jewellery sales.

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