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Today's news in brief-17/10/24

Summary by Retail Sector
N Brown has agreed to a £191m takeover by Falcon 24 Topco, a company led by Joshua Alliance, a member of the founding Alliance family. Joshua, who already holds a 6.6% stake, will acquire the fashion retailer at 40p per share. Other family members, including former chair Lord David Alliance, own 53.4%. N Brown’s board has recommended the offer, highlighting the company’s limited benefits from being listed on the AIM market. Tesco has signed its …
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