1. Market Data
September 8, 2016

M&As this week: Female Daily Network, Vente-Privee.com

Online beauty portal Female Daily Network (FDN) has announced the acquisition of J-Tech, an application developer.

Online beauty portal Female Daily Network (FDN) has announced the acquisition of J-Tech, an application developer.

Both companies involved in the acquisition are based in Indonesia.

Vente-Privee.com's subsidiary Vente-Exclusive has purchased a majority stake in Designers & Friends.

The target company sells apparel and accessories online in Denmark, while Vente-Exclusive is an online fashion and lifestyle product retailer in Belgium.

Following the transaction, the existing management team of the target company will continue to manage the sites.

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