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BRIEF-Specialty Fashion Group confirms that it has received a proposal from a Middle Eastern investment company

Published 08/02/2017, 12:16 pm
Updated 08/02/2017, 12:20 pm
BRIEF-Specialty Fashion Group confirms that it has received a proposal from a Middle Eastern investment company
CCX
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Feb 8 (Reuters) - Specialty Fashion Group Ltd SFH.AX -

* Confirms that it has received a confidential, indicative and non-binding proposal from a middle eastern investment company

* Proposal for a potential change of control transaction resulting in privatisation of group at a price of $0.70 per share in cash

* Group has granted counterparty access to due diligence customary of a proposal of this nature Source text for Eikon: ID:nASX1llBFx Further company coverage: SFH.AX

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