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Gokaldas Exports inks deal to buy out Dubai-based garment firm Atraco, ET Retail

Atraco: The equity value of the transaction is $55 million and the same will be funded by a mix of debt and internal accruals. The transaction will comprise acquisition of shares and assets and will be subject to customary regulatory approvals. The transaction is expected to be closed by the October-December quarter of this fiscal year.
United Arab Emirates Gokaldas Exports Garment Firm Straco Group

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The Estée Lauder Companies Inc. (NYSE:EL) Stake Decreased by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. lessened its holdings in shares of The Estée Lauder Companies Inc. (NYSE:EL – Free Report) by 0.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 141,683 shares of the company’s stock after selling 784 […]
Jane Lauder Charlene Barshefsky Royal Bank Star Investment Management Corp Lauder Companies Stock Wealthplan Partners

CPSC Warns Consumers to Immediately Stop Using Classic Brands Holdings 10-inch Cool Gel Memory Foam Mattresses Due to Fire Hazard

Furniture Industry News: The mattresses pose a fire hazard and fail to meet the mandatory federal flammability standard for mattresses; Classic Brands Holdings LLC, is going out of business and is unable to conduct a recall.
United States Rhode Island Brands Holdings Us Consumer Product Safety Commission Immediately Stop Using Classic Brands Holdings Cool Gel Memory Foam Mattresses Due

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