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Management |UPDATE Featured

Shandong Ruyi signs deal to acquire SMCP

Shandong Ruyi has signed a deal which would see the Chinese textile company acquire a controlling stake in fashion group Sandro, Maje and Claudie Pierlot (SMCP), valued at an estimated 1.3 billion euros. Shandong Ruyi confirms acquisition of SMCP News of the impending deal broke earlier this week, Evelyne Chetrite, founder and managing director...

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