Gazal are rumoured to be in talks to increase steak/take ownership of struggling Oroton This deal would see Oroton sit nicely in the Gazal/PVH stable of brands such as CK,Tommy Hilfiger,Van Husein amongst others..
Unless a capital raising gets over the line however this will be a difficult job to get more money out of current shareholder base who have already seen their holdings hit rock bottom..
Watch this space news coming soon
DYOR
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Gazal PVH offer coming
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