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Next teams up with investment firms to acquire JoJo Maman Bébé
Next and hedge fund Davidson Kempner have partnered to acquire mother-and-baby retailer JoJo Maman Bébé for an undisclosed sum.
Next has acquired 44% of JoJo Maman Bébé’s shares, with the other 56% acquired by investment companies managed or advised by Davidson Kempner Capital Management, as first reported by The Guardian.
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