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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 2.26 EUR | +0.67% |
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+3.91% | -33.92% |
| Apr. 25 | SMCP: organic sales down 5% in Q1 | CF |
| Apr. 25 | SMCP S.A. Reports Unaudited Sales Results for the First Quarter of 2024 | CI |
HONG KONG (Reuters) - Bondholders in French fashion group SMCP, the owner of labels such as Sandro and Maje, are expecting first-round, non-binding bids for their 37% stake in the company by mid-May, said two people with knowledge of the transaction.
The bondholders, which include asset manager BlackRock and private equity firm Carlyle, appointed investment bank Lazard Frères SAS to advise on the sale that kicked off in March.
Alastair Beveridge and Daniel Imison of AlixPartners UK LLP, who act as an intermediary for the bondholders, did not immediately respond to a request for comment.
SMCP and two advisors did not immediately respond to a request for comment.
(Reporting by Kane Wu; Editing by Sharon Singleton)
By Kane Wu
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 2,686 PTS | +0.86% | +0.34% | - | ||
| 762.9 USD | +0.69% | +1.72% | 113B | ||
| 46.11 USD | +1.07% | +4.61% | 16.57B | ||
| 3.42 CNY | 0.00% | +1.48% | 124M | ||
| 2.26 EUR | +0.67% | +3.91% | 182M | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -33.92% | 182M | |
| +14.99% | 151B | |
| +18.29% | 80.65B | |
| -3.45% | 44.8B | |
| -15.30% | 44.23B | |
| +1.89% | 26.43B | |
| -5.29% | 11.76B | |
| +8.80% | 9.19B | |
| +2.10% | 7.97B | |
| -3.95% | 7.13B |
SMCP S.A 
