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TopSoho begins legal proceedings against bond holders

The owner of French fashion company SMCP said that is has started legal proceedings against companies serving bondholders that were reportedly attempting to take control of SMCP for a low price. The news was reported by Reuters. TopSoho, a European company and a unit of Shandong Ruyi, which has a 53 percent stake in SMPC, failed to meet a...

8 Oct 2021