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Slovenian Buys Luxurious St. Moritz Villa from Arcandor Owner

St. Moritz, 4 January - Mirka Horvat, allegedly the mother of one of the richest Slovenians, Darko Horvat, has bought a EUR 37m villa in St. Moritz from the owner of Europe's formerly second biggest mail-order business Arcandor, German Bild am Sonntag reported on Sunday. Arcandor declared insolvency in June after failing to repay a EUR 200m loan.

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