Redan considers selling TXM

WSE-listed clothing retailer Redan has launched a review of strategic options supporting the further development of the capital group's operations, the company said in a market filing. Among the considered options is the sale of its subsidiary, WSE-listed discount chain operator TXM.

“An overview of strategic options is aimed at selecting the most favorable way to achieve the company's long-term goal, which is the group's development leading to maximization of the value for current and…