Appleby Advises On Privatisation Of Bossini International Holdings Limited
Appleby Advised On Privatisation Of Bossini International Holdings Limited
Each scheme shareholder is allowed to receive one Viva Goods share for every five scheme shares cancelled under the scheme.
Appleby acted as Bermuda counsel to Bossini International Holdings Limited (Bossini) in its privatisation by Viva Goods Company Limited (Viva Goods). A Bermuda court-sanctioned scheme of arrangement was used to carry out this transaction. Each scheme shareholder is allowed to receive one Viva Goods share for every five scheme shares cancelled under the scheme.
A distinguished apparel brand owner, retailer, and franchiser headquartered in Hong Kong, Bossini, has grown its presence exponentially since its first retail outlet launch in 1987. The company has an international operating platform and distribution network and operates across 19 countries, focusing on its core markets in Singapore, Mainland China and Hong Kong.
A Cayman company listed on the Hong Kong Stock Exchange (Stock Code: 933), Viva Goods is a major shareholder of Bossini. Operating as an international brand portfolio leader, Viva Goods manages popular brands such as Bossini, bossini.X, LNG, testoni and Clarks. Viva Goods covers key markets including United States, Europe, Greater China, Southeast Asia, Korea and Japan.
On the team were Chris Cheng, Partner at Appleby Hong Kong, alongside the firm’s dedicated Bermuda team, including Senior Counsel John Riihiluoma, Counsel Lalita Vaswani, and Connie Wu, Legal Executive from the Hong Kong team.
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