STOCKHOLM: Hennes & Mauritz (H&M) AB chairman Stefan Persson and his family may be about to consolidate their control of the struggling Swedish fashion giant through an offer that lets investors convert dividends into new shares.
H&M last week proposed an unchanged dividend for 2017 of 9.75 kronor per share.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!