Brief: CALIDA GROUP Acquires Premium Lingerie Brand Cosabella
19/05/2022 06:09
May 19 (Reuters) - CALIDA HOLDING AG CALN.S :
* ACQUIRES PREMIUM LINGERIE BRAND COSABELLA – ENTERING THE
US
MARKET AND CONTINUING TO CONSOLIDATE THE UNDERWEAR SEGMENT
* ACQUIRES A 100 PERCENT STAKE IN COSABELLA FOR A TOTAL
PACKAGE OF
USD 80 MILLION INCLUDING EARN OUT
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Further company coverage: CALN.S
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