Thursday, September 1, 2016

S.Korea's E-Land agrees $894 mln deal to sell clothing brand to China's V-Grass

SEOUL, Sept 2 (Reuters) - South Korea retail and apparel

firm E-Land Group said on Friday it has signed a deal to sell

its Teenie Weenie clothing brand to China's V-Grass Fashion Co

Ltd for around 1 trillion won ($894 million),

raising funds to cut its debt.

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