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5 months ago
BRIEF-Pixie Group updates on Tonino Lamborghini Clubs and equity interest acquisition
March 28, 2017 / 6:46 AM / 5 months ago

BRIEF-Pixie Group updates on Tonino Lamborghini Clubs and equity interest acquisition

March 28 (Reuters) - Pixie Group Ltd

* Announces termination of planned openings of Tonino Lamborghini Clubs across Asia Pacific

* Pixie's decision to shelve this collaborative venture came after Pixie failed to raise required cash to fund project

* Termination of proposed acquisition of majority equity interest in Pixie Group Hong Kong Limited (pixie hk), in a collaborative venture

* Decision to shelve this collaborative venture came after pixie failed to raise required cash to fund project

* Process of evaluating assets and businesses that could potentially be brought into as part of co to establish more sustainable source of income Source text for Eikon: Further company coverage:

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