A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in this illustration taken September 30, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
Aug 17 (Reuters) – British online fashion retailer Boohoo (BOOH.L) said on Wednesday it had acquired a 7.1% stake in Revolution Beauty Group (REVB.L), making it the fourth-largest shareholder of the beauty products maker.
Boohoo already sells Revolution Beauty products through several of the group's direct-to-consumer brand websites and its online digital department store, Debenhams.
UK-based Revolution Beauty on Aug. 11 had flagged certain accounting issues raised by their auditors which could potentially result in a material impact on the firm's 2022 results, sending its shares down 55%.
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Italy's Prima Industrie said on Thursday that Femto Technologies had agreed to buy a majority stake and eventually delist the laser systems producer in a deal worth around 129 million euros ($131.21 million).
India's Razorpay said on Thursday it had bought offline payments firm Ezetap, marking the Sequoia Capital-backed firm's latest bet on the payments industry in a deal which a source with knowledge of said was worth $150 million.
M. Sriram
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