Myt netherlands parent b.v. (“mytheresa”) and richemont announce the successful completion of mytheresa's acquisition of yoox net-a-porter (“ynap”)

Munich & geneva--(business wire)--mytheresa (nyse:myte) successfully closed its acquisition of ynap from richemont (swx:cfr), through its subsidiary richemont italia holding s.p.a., following the fulfillment of all conditions including receipt of all unconditional approvals from the relevant regulatory authorities. mytheresa is now ynap's sole shareholder which it will fully consolidate under the myt netherlands parent b.v. umbrella. the company will be renamed “luxexperience b.v.” and will con.
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