Naked Brand Group Limited Announces Term Sheet for $25 Million Strategic Investment from Sapinda Holding B.V.
Cenntro Electric Group Limited - Ordinary Shares (NAKD)
NASDAQ:AMEX Investor Relations:
ir.nakedbrands.com
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Source: GlobeNewswire
Proposed 19.99% Strategic Investment from Sapinda, Owner of the Globally Recognized Italian Luxury-Lingerie Firm La Perla To Support Strategic Acquisition Efforts Worldwide SYDNEY, Aug. 28, 2018 (GLOBE NEWSWIRE) -- Naked Brand Group Limited (NASDAQ: NAKD), a global leader in intimate apparel and swimwear (“Naked” or the “Company”), has entered into a non-binding term sheet (“Term Sheet”) to receive a $25 million strategic investment from Sapinda Holding B.V. (“Sapinda”), a leading European investment firm and owner of the globally recognized Italian luxury-lingerie firm La Perla. If the investment contemplated by the term sheet is completed, it will provide unique operating synergies, investment capital that would support strategic acquisitions, as well as direct-to-consumer and eCommerce initiatives globally. “We are pleased to announce the term sheet for a proposed $25 million strategic investment from Sapinda, owner of the globally recognized Italian luxury-lingerie firm La
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