TOKYO — Fast Retailing Co. Ltd. said Wednesday it will launch a tender offer for the 68 percent it doesn’t already own of fashion and retail concern Link Theory Holdings Co. Ltd., the parent company of the Theory and Helmut Lang businesses.
The deal aims to delist Link Theory from the Tokyo Stock Exchange and make it a fully owned subsidiary of Fast Retailing. Fast Retailing is offering 170,000 yen, or $1,906, a share, a nearly 62 percent premium over Link Theory’s closing share price on Wednesday of 105,000 yen, or $1,177. Currency conversions were made at current exchange rates.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)