article_snippet: Yoox bought Net-a-Porter, Yoox upmarket rival, on Tuesday in an all-share deal for stock valued at about 719 million euros ($775 million) to create the world’s biggest online luxury-goods retailer with combined sales of  1.3 billion euros ($1.4 billion).
article_snippet: Net-a-Porter (NAP) owner Richemont (CFR.VX) will receive 50 percent of the combined Yoox Net-a-Porter Group but Net-a-Porter (NAP) owner Richemont (CFR.VX) voting rights will be capped at 25 percent, putting Yoox (YOOX.MI) effectively in charge of the combined business. '
article_snippet: Yoox has bought Net-a-Porter, Yoox upmarket rival, in an all-share deal that creates an industry leader in the booming online luxury market .
article_snippet: Net-a-Porter stock: Yoox SpA agreed to buy Cie. Financiere Richemont SA’s Net-a-Porter business for stock valued at about 719 million euros ($775 million) to create the world’s biggest online luxury-goods retailer .
highlights_snippet: Yoox bought Net-a-Porter, Yoox upmarket rival, in an all-share deal for stock valued at about $775 million .
  