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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.

This article was originally published by Bloomberg Markets and is republished here under license.

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.

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