Livestar Entertainment to acquire Las Vegas Footwear

06/12/2004

Livestar Entertainment Group Inc, has announced that it has signed a letter of intent to acquire 51% of Las Vegas Footwear – that designs and manufactures men’s, women’s and children’s footwear, which the company claims create a “Las Vegas only feeling”.

 

“We are very pleased to bring this acquisition to Livestar. Once completed this addition should add significant value to the company and its shareholders as the planned subsidiary grows. We believe Las Vegas Footwear will prove to be a great combination to our corporate portfolio. More positive diversification changes are to come and upon completion of this acquisition we look forward to execution of other development details,” said CEO of Livestar, Ray Hawkins.

 

Livestar Entertainment’s core businees is entertainment establishments (nightclubs and bars) and concerts and special evets organisation.