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Asos shares surge on outlook, Topshop stake sale to Heartland

Published by Frank Prenesti on 5th September 2024

(Sharecast News) - Shares in Asos surged by a fifth on Thursday as the troubled online fashion retailer said it was offloading 75% of the Topshop group as part of a joint venture deal with major shareholder, the Danish fashion billionaire Anders Holch Povlsen.

URL: http://www.digitallook.com/dl/news/story/34534024/...

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