Monnari wants to buy Simple brand

WSE-listed fashion retailer Monnari filed a non-binding offer to WSE-listed peer Gino Rossi to acquire 100 percent stake in Simple Creative Products, which owns Simple brand. The offer is between PLN 46-50.5 million assuming zero level of debt and cash which will be the basis for determining the final price. Monnari said it would finance…

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