Bosideng Denounced 892 Million 500 Thousand Yuan Acquisition Of Women'S Clothing Company
Bosideng (03998) announced the acquisition of 70% rights and interests of Dehui and Langhui global (Target Corp), the cost of which is 892 million 500 thousand yuan (which can be adjusted, the final cost is not more than 945 million yuan), of which the price of 595 million yuan will be issued at 235 million HK dollars per share of HK $3.1.
The cost share accounted for 2.93% of the expanded share price, and the issue price was 49.76% higher than the closing market price on Friday.
The price is set to be closed until 2014.
Target Corp has many women's clothing brands such as "JESSIE" and "LeMauve". It also provides women's clothing design, brand marketing and planning services. It sells "JESSIE" brand women's clothing in the mainland in its own way and franchises. As of the end of September this year, there are 81 self owned stores and 172 franchised stores.
Bosideng pointed out that the acquisition will enhance the company's position in women's clothing business and enhance its product mix.
Due to the profit guarantee provided by the Target Corp agreement, the company believes that the acquisition can provide substantial profit contribution and improve the current revenue structure.
- Related reading
Bosideng Denounced 892 Million 500 Thousand Yuan Acquisition Of Women'S Clothing Company
|Bosideng Brand Value Exceeds 20 Billion 600 Million Yuan &Nbsp; Leading Apparel Industry.
|- Enterprise information | Double Star Civil War Resulted In Over 40% Turnover Loss.
- Agency world | New Pformation Of Traditional Channels And Information Pformation
- Enterprise information | Metersbonwe Sells 1 Clothes Every 2 Seconds.
- Foreign trade information | Imports Of Textiles And Clothing In Canada Remain Strong.
- Enterprise information | How Far Is The Shoe King Red Dragonfly From Luxury?
- Exhibition focus | The Ninth China International Hosiery Knitting Exhibition Opens
- Consumer rights protection | People In Tianjin Doubt That Trumpet Clothes Don'T Cost Large Bills.
- Pay attention to employees | Humen Clothing Experience Thirty Years Of Reform And Opening Up
- Exhibition focus | Yuyao Fur Garment Festival Opens Today
- Exhibition focus | Ten Brand Clothing Expo Will Be Held In Changping Convention And Exhibition Center.
- Annie Wu Is A Good Friend Of Fashion Show &Nbsp; The Goddess Is Dressed Gracefully And Gracefully.
- Peripheral Market Downturn Affects The Development Of Shoes And Other Industries.
- Anti X Ray Function Radiation Suit Obtained National Invention Patent.
- Europe And The United States Market Weakness, Guan Enterprises "Technology War" Policy
- The "Made In China" Foreign Trade Environment Is Still Full Of Danger.
- Jiaxing'S First Three Quarters Of Clothing Export Price Increases
- Gentlemen Dress Class &Nbsp; Quality Men'S Wear Begins With Fabric.
- Sports Shoes Repeatedly Crack &Nbsp; Compensation For Industrial And Commercial Mediation
- Tidal Wind Vane: Cocoon Dress Resurgence
- Seven Wolves Clothing Brand In The First Three Quarters To Achieve Earnings Per Share Of 1.02 Yuan