Fast Retailing To Acquire 80.1% Stake In J Brand

by Monica Gerson, Benzinga Staff Writer
November 30, 2012 5:32 AM | 13 seconds read |
Fast Retailing Co FRCOY announced its plans to buy an 80.1% stake in J Brand Holdings LLC for about $300 million. In 2011, J Brand's revenue surged 38% to around $124 million. Fast Retailing shares closed at $22.51 yesterday.
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