Korea M&A Corporation

Pierre Cardin for sale?? 본문

News/M&A

Pierre Cardin for sale??

Korea M&A 2009. 7. 12. 21:18

A private Chinese shoe manufacturer is in discussions with Pierre Cardin for possible acquisition, media reports stated yesterday, quoting the Chinese company's chairman Liu Jianxue.

Guangzhou Jiansheng Trading, once a marketing agent for Pierre Cardin, expected the talks with the French firm to yield a result in a month's time, the report said.

The paper quoted Europe-based Chinese language media as saying another private Chinese firm was also interested in investing in Pierre Cardin and that the two firms were each offering 200 million euros ($281 million) for the acquisition.

Source from Alibaba.com

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