Qatar group aims for 100% of Le Tanneur & Cie - leatherbiz: Leading ne Leatherbiz

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Qatar group aims for 100% of Le Tanneur & Cie

12/07/2011
Qatar Luxury Group has launched a public offering to acquire a larger stake in specialist French luxury leathergoods manufacturer Le Tanneur & Cie. Reports from the Middle East suggest that the group would like to own 100% of the French company.

It acquired 52.73% of the shares in Le Tanneur during an earlier round of investment, but has given shareholders until July 21 to accept its offer of EUR 6.51 per share.


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