Descente Ltd (8114.T)
16 Nov 2018
Latest Key Developments (Source: Significant Developments)
Aug 30 (Reuters) - Wacoal Holdings Corp <3591.T>:Says it forms comprehensive business cooperation with Descente Ltd <<<8114.T>>> on Aug. 30 .Says two entities will mainly cooperate on new brand business, products development and effective utilization of assets . Full Article
Jan 16(Reuters) - Descente Ltd <8114.T>:Says it plans to set up an unit DESCENTE ATHLETIC AMERICAS INC, which will be mainly engaged in sales of athletic wear and golf wear under "Descente" brand .Says DESCENTE ATHLETIC AMERICAS will be capitalized at $10 million (about 1.1 billion yen) and will be established in March .Says the company and the company's wholly owned unit DESCENTE GLOBAL RETAIL LTD will hold 50 percent stake in DESCENTE ATHLETIC AMERICAS respectively . Full Article
HELSINKI/HONG KONG Finland's Amer Sports, makers of Wilson tennis rackets and branded outdoor gear, has received a 4.6 billion euros ($5.3 billion) takeover approach from China's Anta Sports and private equity firm FountainVest.