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mergers-acquisitions

December 17, 2012

Li & Fung Divests Retail Operation

The company said it was selling the business because it was transforming into a brand licensing model.

mergers-acquisitions/news

Li & Fung Ltd. said Monday that its subsidiary IDS Group Ltd. is selling LF Asia (Taiwan) Ltd. to ILC International Corp. for a minimum cash amount of $54 million.

LF Asia operates the...

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