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BRIEF-Specialty Fashion Group confirms that it has received a proposal from a Middle Eastern investment company
February 8, 2017 / 1:18 AM / 7 months ago

BRIEF-Specialty Fashion Group confirms that it has received a proposal from a Middle Eastern investment company

Feb 8 (Reuters) - Specialty Fashion Group Ltd-

* Confirms that it has received a confidential, indicative and non-binding proposal from a middle eastern investment company

* Proposal for a potential change of control transaction resulting in privatisation of group at a price of $0.70 per share in cash

* Group has granted counterparty access to due diligence customary of a proposal of this nature Source text for Eikon: Further company coverage:

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