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Dow Jones Newswires compiled a roundup of private markets headlines and stories published on the last trading day. The package includes financing, IPO, acquisition, recall and partnership updates.
Movado Group agreed to sell a 95% interest in EBEL for about $66.5 million and retain a 5% stake.
Movado Group entered a binding agreement to sell a 95% interest in its EBEL brand for $66.5 million to a strategic buyer group led by Montres Journe SA, with Chanel participating.