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Date: Announced 28 August 2018
Buyer: Sapinda Holding B.V.
Target: Naked Brand Group Limited
Business: Lingerie and swimwear
Value: $25million
Details: Naked Brand Group Limited have announced the term sheet for a $25million strategic investment from leading European investment firm Sapinda Holding B.V., which is the owner of Italian lingerie firm La Perla. The term sheet contemplates a private placement of up to 5,000,000 newly issued ordinary shares for a price per share of US$5.00.