Unit of SMCP's majority shareholder fails to redeem bonds - NewsBreak
By Bryan in Business
Updated 3 years ago
PARIS, Sept 23 (Reuters) - French fashion company SMCP , whose brands include Sandro and Maje, said on Thursday that European TopSoho - a unit of its majority shareholder - had failed to redeem 250 million euros ($293 million) of bonds exchangeable into SMCP shares. "European TopSoho has until September...