Bosideng Denounced Nearly 900 Million Yuan To Buy Mainland Women's Clothing Brand

2011/10/31 10:49:00 29

Bosideng

(03998) announced that the acquisition of Target Corp 70% rights through the wholly owned subsidiary Jesse holdings to Di Hui International (seller) costs a total of 8? 92 billion 500 million yuan, or no more than 9? 4 billion 500 million yuan? The relevant cost is HK $7 28 billion 500 million. Bosideng will issue a share price of the share price at the share price of 3 to 1 yuan per share, which is higher than the closing price of last Friday (28 days). The share will be paid by the company after the expansion of the company's shares. The balance will be paid in cash.

Target Corp for Di Hui and Lang Hui global, mainly holding JESSIE? And LeMauve? And other women's clothing brands, and provide women's clothing design?

brand

A variety of services such as marketing and planning have been agreed. The contracting party has agreed that the Target Corp must be reorganized before the completion of such services.

Women's wear

The brand is pferred to Lang Hui and its Affiliated Companies? In addition, Target Corp has also sold the JESSIE? Brand women's clothing in the form of self run and affiliate in China through DDI and its subsidiaries. As of the end of September this year, there were 81 self owned stores and 172 franchised stores.