Italy’s Yoox in Talks to Buy Richemont’s Net-A-Porter: Times

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Italy’s Yoox in Talks to Buy Richemont’s Net-A-Porter: Times 2015-03-29 09:48:38.187 GMT

By Lyubov Pronina (Bloomberg) -- Deal may value London-based online luxury fashion store at >GBP1.3b ($1.9b), Sunday Times reports w/out saying where it got info. * Richemont expected to take payment in Yoox shares, not cash

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To contact the reporter on this story: Lyubov Pronina in London at +44-20-3525-8784 or lpronina@bloomberg.net To contact the editor responsible for this story: Daliah Merzaban at +44-20-3525-3630 or dmerzaban@bloomberg.net