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News in brief: Ontex and Hypera reach settlement agreement

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Published in issue 38/2021
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Hygiene products company Ontex Group has reached a settlement of certain claims with Hypera (formerly Hypermarcas) relating to the acquisition of the Brazilian personal hygiene business of Hypera by Ontex in 2017 at an enterprise value of BRL1bn. As part of the settlement, Ontex will receive BRL500m (€81m) from ...

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