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BRIEF-Global Brands Group Holding updates on acquisition of assets relating to BCBG Brands
June 9, 2017 / 1:16 PM / 2 months ago

BRIEF-Global Brands Group Holding updates on acquisition of assets relating to BCBG Brands

1 Min Read

June 9 (Reuters) - Global Brands Group Holding Ltd :

* Acquisition of assets relating to bcbg brands

* Agreement for a consideration of US$23 million

* Global brands group holding says deal includes assumption of all liabilities on acquired assets and workers' compensation liabilities

* Global brands group holding ltd says completion of deal is conditional upon U.S. Bankruptcy court approval of reorganization plan for BCBG group Source text for Eikon: Further company coverage:

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