Thursday, June 2, 2016

Brazil's Restoque begins talks with Inbrands over potential tie-up

SAO PAULO, June 2 (Reuters) - Brazil's Restoque Comércio e

Confecções de Roupas SA has began talks with rival Inbrands SA

over a potential tie-up, which could create a leading apparel

retailer with 2.8 billion reais ($781 million) in annual

combined revenue and around 730 stores.

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