Descente China Holding Limited Reorganizes
The joint venture between Descente (30% ownership), Itochu (10%) and Anta Sports (60%) that operates 136 retail stores in Mainland China, Hong Kong and Macao, is carving out its Chinese intellectual property rights for Descente into a new entity. The parties will also adjust their shareholding so that Descente owns 40% of Descente ... Log in to view full article.
