Gino Rossi gets PKO BP approval to sell Simple CP

Fashion retailer Gino Rossi received the green light from PKO BP to sell Simple Creative Products to Skyline Insolvency Solutions (SIS), Gino Rossi said in a statement. The deal value is set at PLN 1. However, if SIS buys shares free of any charges and pledges, the transaction value will increase to PLN 0.1 million.