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Shanghai Tang sale fights against M&A current

Published Tue, Jul 4, 2017 · 09:50 PM

Hong Kong

AN Italian high-end textile entrepreneur is swimming against the global M&A current.

Alessandro Bastagli has purchased, with the help of a consortium, the Western-friendly fashion brand Shanghai Tang from the US$43 billion Swiss luxury giant Richemont. The deal, one of very few Italian outbound buys of recent years, at fir…

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Companies & Markets

Shanghai Tang sale fights against M&A current

Consumer & Healthcare

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

Swiss watch exports plunge as China and Hong Kong demand dries up

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

Billionaires selling cheap stuff get richer from inflation pain

Amazon to push cashierless shopping tech into more third-party stores, while backing off itself

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