YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

WL Ross in talks with Shandong Ruyi to sell entire stake in OCM India

Related Keywords: currently in talks with, global distressed assets, jacket suiting materials, known for its tweed, manufacturing facility in Amritsar in Punjab, OCM India Pvt. Ltd, sell its entire stake in textile maker, Shandong Ruyi Group, special situations investor, textile manufacturer and forayed into worsted fabric, WL Ross and Co. Llc

WL Ross and Co. Llc, global distressed assets and special situations investor are currently in talks with Chiina’s Shandong Ruyi group to sell its entire stake in textile maker OCM India Pvt. Ltd. The talks are at the term-sheet stage. If they prove to be conclusive, the deal is likely to be finalized in the coming weeks. The size of the transaction was not immediately known.

Ruyi plans to acquire Aquascutum brand business for $120 million

Related Keywords: Aquascutum brand business, British trench coat maker, Chinese mainland textile producer, for about hundred and twenty dollars, from Hong Kong-listed YGM Trading Ltd, planning to acquire iconic British trench coat maker, reach final agreement in the next few weeks, Shandong Ruyi Group

Shandong Ruyi Group the Chinese mainland textile producer which bought control of French fashion group SMCP earlier this year is now planning to acquire iconic British trench coat maker, Aquascutum brand business from Hong Kong-listed YGM Trading Ltd for about $120 million. Ruyi hopes to reach a final agreement in the next few weeks, the sources said.

Shandong Ruyi to take over major share of Pakistan textile enterprise

Related Keywords: China textiles, Pakistan textile sector, Shandong Ruyi Group

Chinese top textile conglomerate Shandong Ruyi Group is ready to take over major share of a Pakistan’s textile enterprise Masood Textile Mills (MTM), one of the most technologically advanced enterprises next week as Pakistan gets the GSP-plus status which will allow almost 20 per cent of Pakistan exports to enter the EU market at zero tariff and 70 per cent at preferential rates.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button