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(Photo= Yonhap news) |
[Alpha Biz= Reporter Kim Jisun] On the 23rd, according to the Financial Supervisory Service, F&F Holdings purchased 28,000 common shares of its subsidiary, F&F, between the 17th and 19th.
With this purchase, F&F Holdings now holds 12,803,840 shares of F&F, increasing its stake from 33.36% to 33.43%, thereby strengthening its control over the company.
In other news, F&F is facing a significant lawsuit from its UK partner, MOVIN SARL. On the 18th, F&F announced that MOVIN SARL, involved in the production and sale of apparel under the premium sports brand 'Sergio Tacchini' through a licensing agreement, has filed a lawsuit against F&F and its subsidiaries, Sergio Tacchini Operations (STO) and Sergio Tacchini Europe (STE), seeking damages of approximately 370 billion KRW in the UK.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
