Moulin's Private Placement Fails, But Ecca's Purchase Should Go Ahead

Despite the failure of a HK$520 million (€51.2m-$66.7m) share placement early this month, Moulin International says it can carry out the $450 million purchase of 56 percent of the Eye Care Centers of America retail chain in the USA by using bank borrowings and cash reserves. The deal should be ...

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