Like buying controlling stake8 Jan 2018 07:46
Nov 2017 ... empire building , we are now part of it how many out let�s now ....HONG KONG (Reuters) - Menswear group Trinity Ltd (0891.HK) said Shandong-based textile maker Shandong Ruyi International Fashion Industry Investment Holding Co Ltd has agreed to buy shares representing 51.38 pct of its enlarged share capital for HK$2.22 billion ($284.62 million), raising funds for future acquisitions and to repay debt.
The retailer and wholesaler of menswear brands including Kent Curwen, Gieves Hawkes, and Cerruti 1881, said late on Thursday Ruyi would buy 1.85 billion new shares at HK$1.20 apiece, or a 60 percent premium over the stock�s previous closing price.