By
with contributions from Samantha Conti
 on May 10, 2018

MILAN — Richemont’s move to take over all of Yoox Net-a-porter Group is almost complete after the vast majority of YNAP shareholders agreed to sell to the luxury giant.

Compagnie Financière Richemont SA said Thursday the minimum 90 percent threshold for its public tender offer had been fulfilled, and it has secured 94.99 percent of Yoox Net-a-porter Group SpA’s ordinary shares.

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