Salient points
- Hennes & Mauritz, the Fast-Fashion dealer listed on the Swedish equity market since 1974, approaches the potential private property as the founding family increases their purchases of shares.
- The Persson family, one of the richest families in Sweden, has invested over $ 6.6 billion from 2016 to collect their participation in Hennes and Mauritz from 35.5 % to almost 64 percent through their holding ramsbury invest.
- Despite the growing speculations on the intake of Hennes & Mauritz Private, family members denied any intention to do so, stating that they simply “believe” in the company founded in 1947 by Erling Persson.
Hennes & Mauritz (H&M), the Fast-Fashion dealer who has been listed on the Swedish stock market since 1974, is constantly returning to private property.The founder family has intensified the purchases of H&M shares, spending more than $ 6.6 billion from 2016 to accumulate almost two thirds of control and feed the speculation that could report the company based in Stockholm in private hands, despite the denials of family members.
The Persson, one of the richest families in Sweden, has unleashed for a purchase of insiders by reinvesting dividends, increasing his participation of H&M to almost 64 % from 35.5 percent in the last nine years through a holding company Ramsbury Invest, saying little of their intentions in addition to that “believe” in H&M, founded in 1947 by Erling Person.
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