Fashion
Li & Fung Company makes offer for Hang Ten
Li & Fung Comp, owned by the Fung family, which controls blue-chip trading firm Li & Fung Ltd., is offering to buy apparel firm Hang Ten Group Holdings Ltd. for US$340.7 million (Rs 1,844 crores). Hang Ten had its origins in surf wear now makes mass-market casual clothing to sell mainly in Taiwan and South Korea. Perfect Lead Investments Ltd. is...
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