The Persson family tightens its grip on H&M

The Persson family continues to take an increasingly firm grip on the clothing giant H&M.

Last week, the family's holding company Ramsbury Invest bought 6.6 million shares in the company for a total of approximately 1.1 billion kronor, according to the Financial Supervisory Authority's insider register.

Thus, the founder family owns 60.5 percent of the capital in H&M.