Paranovus Entertainment Technology On August 5, Announced Agreement To Buy Heyviva Athletic Wear Brand And Related Business Assets From Jabanero For $33M In Cash
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Why It Matters
Paranovus Entertainment Technology is buying a clothing brand called Heyviva for $33 million in cash. This means the company is trying to grow bigger by adding a new business, so watch if this new brand helps them make more money or if it costs them too much.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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