France's SMCP to sell 51.2% of its share capital
27/11/2025 17:29
Corrects headline Nov 27 (Reuters) - French fashion company SMCP SMCP.PA said on Thursday that a process has been initiated to sell up to 51.2% of its share capital. The sale, to be managed by Lazard Frères, includes stakes held by GLAS, European TopSoho S.a.r.l. (ETS), and shares managed by receivers from Alix Partners LLP. (Reporting by Hugo Lhomedet) ((hugo.lhomedet@thomsonreuters.com))