(Reuters) - The acquisition would be Fast Retailing's biggest to date and put to use a war chest of $1.3 billion that has been on hold since the company gave up on a bid for Hong Kong's Giordano International last year.
"Fast Retailing has vowed to expand abroad and they have plenty of cash to do it," said Dairo Murata, an industry analyst from Credit Suisse in Tokyo. "Even if this one falls through, they will just go on looking for something else."
Read more at Reuters.com Mergers News
"Fast Retailing has vowed to expand abroad and they have plenty of cash to do it," said Dairo Murata, an industry analyst from Credit Suisse in Tokyo. "Even if this one falls through, they will just go on looking for something else."
Read more at Reuters.com Mergers News
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