XXXLutz buys Lipo from Steinhoff

Austrian-based discount retailer XXXLutz has bought Swiss furniture chain Lipo from retailer Steinhoff, Bloomberg reported on Monday afternoon.

The purchase of 23 Steinhoff stores by XXXLutz, which runs furniture stores in Austria was widely reported in international media...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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