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Swedish E-Retailer To Fund Growth With $89M Rights Issue

By Linda Chiem (October 22, 2014, 8:07 PM EDT) -- Swedish e-commerce company CDON Group AB on Wednesday announced plans for a rights issue to raise 650 million Swedish kronor ($89.4 million) to expand the launch of its payment service, Qliro Payment Solution, and further grow its other subsidiaries as CDON plows through with an ambitious growth plan....

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