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NELLY Nelly AB (publ) News Story

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Qliro plans to operate certain units as independent companies

June 7 (Reuters) - Swedish online retailer Qliro Group AB
 QLRO.ST  said on Thursday it plans to operate three of its
units — Qliro Financial Services, CDON Marketplace and Nelly —
as independent companies to cut down on costs.
    The company's board is also evaluating a public listing or
divestment of its fashion segment Nelly and potential structural
transactions for its digital marketplace CDON.  urn:newsml:reuters.com:*:nNDLf5VqV

 (Reporting by Shubham Kalia in Bengaluru; Editing by Shounak
Dasgupta)
 ((Shubham.Kalia@thomsonreuters.com; within U.S. +1 646 223
9687, outside U.S. +91 80 6749 9687; Reuters Messaging:
shubham.kalia.thomsonreuters.com@reuters.net))

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