Japan's leading lingerie firm Wacoal Holdings Corp., has announced acquisition of Eveden, the UK-based specialist in designing and manufacturing high quality, fashion conscious lingerie and swimwear for D+ sizes, for a sum of around £150 million.
Wacoal said it will utilize its cash reserves and secure bank loans to purchase all shares of the Kettering, Northamptonshire-based company. (fibre2fashion.com)
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