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ESPRIT HOLDINGS Shoots Up 24%+ after Proposing Pair with Private Equity Group for European Biz Restructuring
Recommend 5 Positive 5 Negative 7 |
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ESPRIT HOLDINGS (00330.HK) opened up 7.32% at $0.22 today (18th). It last printed at $0.255, up 24.39%, on volume of 12.415 million shares and turnover of $2.9633 million. The company announced that on 17 April 2024 (after trading hours), the Company entered into a non-legally binding MOU with the Potential Investor in relation to the Potential Investment and Cooperation. An SPV will be set up to manage and operate the Group’s European business; the Potential Investor will assist the Company to restructure the Group's European business; and the Potential Investor is intended to take an economic interest in the Company. AAStocks Financial News |
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