Naked Brand Group Ltd Enters Into Non-Binding Letter Of Intent To Acquire A Leading U.S. Online Women’S Retailer [Reuters]
Cenntro Electric Group Limited - Ordinary Shares (NAKD)
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ir.nakedbrands.com
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Source: Reuters
Naked Brand Group Ltd (NAKD.OQ) Key Developments | Reuters.com Sept 6 (Reuters) - Naked Brand Group Ltd ::NAKED BRAND GROUP LIMITED ENTERS INTO NON-BINDING LETTER OF INTENT TO ACQUIRE A LEADING U.S. ONLINE WOMEN’S RETAILER.NAKED BRAND GROUP LTD - PURCHASE PRICE UNDER TRANSACTION IS EXPECTED TO BE US$42.5 MILLION.NAKED BRAND GROUP LTD - PURCHASE PRICE WOULD INCLUDE CASH, STOCK AND ASSUMPTION OF APPROXIMATELY $6.1 MILLION OF RETAILER'S DEBT.NAKED BRAND GROUP LTD - LOI IS NON-BINDING AND COMPANY HAS NOT ENTERED INTO A DEFINITIVE AGREEMENT FOR PROPOSED TRANSACTION.NAKED BRAND GROUP LTD - DEAL CLOSE IS EXPECTED TO TAKE NAKED'S PROJECTED E-COMMERCE REVENUES IN EXCESS OF $70 MILLION FOR FY2019.NAKED BRAND - DEAL TERMS STILL SUBJECT TO DISCUSSION, MAY BE CHANGED AS RESULT OF ANY MATERIAL POSITIVE OR ADVERSE CHANGE TO BUSINESS OF EITHER PARTY. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion p
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