Corporate and M&A

​Xtep’s controlling shareholder sells 80 million shares

2022-07-27T09:02:00

Xtep_company_logo

The largest shareholder of Chinese sportswear brand Xtep International, Group Success Investments Limited, has sold 80 million shares, or about 3.04 percent of the free float, for HK$12.70 per share (€127.8m in total). Group Success is majority owned by the Ding family, which controls Xtep. Xtep did not disclose the ...

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