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New Deal


Announced

XXXLutz to acquire Spanish and Portuguese business from Steinhoff-backed Conforama.

Synopsis

XXXLutz, an online seller of furniture, mattresses, and home accessories, agreed to acquire Spanish and Portuguese business from Steinhoff-backed Conforama, a furniture retail chain store that offers home equipment and appliances at discount prices through online. Financial terms were not disclosed.

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Market Context

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