VIENNA, Austria — Japanese retail giant Aeon and top Thai retailer Central Group have teamed up with Austrian investor Rene Benko to help expand his online sports retail business in Asia before the 2020 Olympics in Tokyo. Aeon will take a 7.5 percent stake in Benko’s Signa Sports Group, and Central Group will buy a […]
Fosun Acquires Majority Stake in Wolford
VIENNA, Austria — China’s Fosun will pay 33 million euros (£29,25 million) for a majority stake in loss-making luxury textiles maker Wolford and make a mandatory takeover offer to other shareholders, the Austrian company said on Thursday. Financial investor Fosun also agreed to provide up to 22 million euros as part of a capital increase, it […]