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Maisons du Monde plans to reduce stake in Modani

Total turnover up by approximately one-fifth per end of September

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Published in issue 44/2021
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French interior design retail chain Maisons du Monde S.A.S. (Vertou) intends to reduce its current 70% stake in US furniture retailer Modani Miami LLC (Miami, Florida) - a company acquired by Maisons du Monde in 2018 - to 15%. According to a recently reached agreement, a group of investors led by US-based Optimal ...

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