The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Fashion chain H&M has acquired a less than 1 % stake in Klarna for around USD 20m. Klarnas platform will be implemented across all H&M channels and integrated in online and physic stores. Following the deal Klarnas valuation is more than USD 2bn.
ⓘ This story was originally featured in our daily M&A Insights newsletter.