May 25 (Reuters) - Naked Brand Group Inc NAKD.O
* Immediately prior to consummation of merger, Bendon and Holdco will consummate a reorganization
* All of shareholders of Bendon will exchange all outstanding ordinary shares of Bendon for 146.3 million ordinary shares of Holdco
* If Naked terminates merger agreement, then naked shall issue to Bendon 2.5 million shares of naked common stock Source text for Eikon: Further company coverage: NAKD.O