Fosun International Ltd (0656.HK)
Thu, Mar 1 2018
VIENNA China's Fosun will pay 55 million euros to buy a controlling stake in loss-making luxury lingerie and legwear specialist Wolford from its founding family and will make an offer to remaining shareholders, both groups said on Thursday.
VIENNA, March 1 China's Fosun will pay 33 million euros ($40 million) for a majority stake in loss-making luxury textiles maker Wolford and make a mandatory takeover offer to other shareholders, the Austrian company said on Thursday.
VIENNA, March 1 Chinese financial investor Fosun agreed to take a majority stake in the loss-making luxury textiles maker Wolford, Austrian daily Kurier said on Thursday.
PARIS, Feb 28 Lanvin's new Chinese shareholder Fosun could help the French couture house grow sales tenfold over the next five to six years by opening new doors, its chief executive said.
MILAN Investment firm Sapinda Holdings said on Monday it had acquired Italian luxury-lingerie maker La Perla, after a disagreement over moving production out of Europe derailed acquisition talks with China's Fosun , according to two sources.
* VIEWRAY -ENTERED INTO AGREEMENT TO SELL COMMON STOCK AND WARRANTS TO AFFILIATE OF FOSUN INTERNATIONAL IN DIRECT REGISTERED OFFERING FOR $59.1 MILLION
PARIS Fosun is taking control of Lanvin, France's oldest surviving couture label, in the Chinese conglomerate's most prominent fashion investment yet.
* Acquisition comes amid push by Chinese firms into luxury (Adds details, background)
PARIS, Feb 22 Chinese conglomerate Fosun on Thursday said it had completed a deal to become the majority shareholder in Lanvin, France's oldest surviving couture label which has been facing financial difficulties.
* CO AND FOSUN INTERNATIONAL ANNOUNCE STRATEGIC AGREEMENT TO DEVELOP AND COMMERCIALISE NEW CLINICAL THERAPIES FOR PATIENTS Source text for Eikon: Further company coverage: (email@example.com)