Esprit completes placement

Market absorbs fifth and largest placement in the space of one-and-a-half years.
November 10, 2004

A HK$4.092 billion ($525 million) placement in Hong Kong listed clothing group Esprit was completed yesterday (November 10). The deal represents the fifth placement in the group since May 2003 and a further 8.1% divestment by chairman Michael Ying.

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