Unit of SMCP's majority shareholder fails to redeem bonds - NewsBreak

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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...

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