Core Insights - The Abu Dhabi-based Multiply Group, in collaboration with two investment firms, has completed the acquisition of the Spanish fashion brand Tendam (formerly Cortefiel Group) for approximately $1.5 billion [1] - The acquisition has been approved by the Bosnian Competition Authority, indicating regulatory compliance [1] - Tendam operates 14 stores in Bosnia through its subsidiary Cortix, featuring brands such as Springfield and Women's Secret, with Springfield having 8 stores in major cities like Sarajevo and Tuzla [1] - This acquisition is expected to bring new investment and brand expansion opportunities to the Bosnian market [1]