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Japanese company affects Giordano

Japanese company affects Giordano

Write: Kristel [2011-05-20]

Fast Retailing, which is the intendant of Japanese Uniqlo Garment multiple shop, wants to buy shares of Giordano International to expand the business in Asian region, including Chinese mainland, Hong Kong and Taiwan region.

Fast Retailing is likely to be the majority shareholder of Giordano. However, because there is no single largest shareholder in this company, it may be difficult to persuade investors to share out the shares. Since 2005, the British Aberdeen Asset Management Company is the second largest shareholder of Giordano, while the first is JP Morgan Chase&Co..