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Kering's billionaire founder Francois Pinault to buy streaming platform

Kering founder François Pinault and two other founders of Paris-based I2PO are buying music-streaming platform Deezer for 1.075 billion euros. According to a Bloomberg report the entity will raise at least 120 million euros, with the aim to go public after a previous attempt in 2015. Deezer, a French online music streaming service, was founded...

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