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Fortnox: Strengthens its Financing Offering - Redeye

Redeye likes Fortnox's acquisition of Capcito. While 11x sales might seem high for an unprofitable business, we believe the acquisition improves Fortnox's competitive advantage well enough to make it a successful acquisition.

Redeye likes Fortnox's acquisition of Capcito. While 11x sales might seem high for an unprofitable business, we believe the acquisition improves Fortnox's competitive advantage well enough to make it a successful acquisition.
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