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Polands LPP decides to sell its Russian company to Chinese consortium
Abstract：(Reuters) – Polands biggest clothing retailer LPP has decided to sell its Russian company RE Trading to a Chinese consortium, LPP said on Thursday.
div classBodysc17zpet90 cdBBJodivpReuters – Polands biggest clothing retailer LPP has decided to sell its Russian company RE Trading to a Chinese consortium, LPP said on Thursday.p
pUnder the agreement, the buyer will not purchase rights to use the names and trademarks of clothing brands owned by LPP, however, it will acquire the right to sell all goods belonging to the Russian company.pdivdivdiv classBodysc17zpet90 cdBBJodiv
p
pp Reporting by Adrianna EbertEditing by Elaine Hardcastlep
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