Business
Nasty Gal Acquisition Completion
Nasty Gal Acquisition Completion.
About this update from Boohoo Group Plc
[{"type":"text","content":"\n \nRNS Number : 0250Y boohoo.com plc 28 February 2017 \n\n\n\n\n\nFor Immediate Release\n\n\n28 February 2017\n\n\n\n\n \nboohoo.com plc\n \nNasty Gal Acquisition Completion\n \nFollowing the announcement on 9 February 2017, boohoo.com plc (\"the Group\"), the leading online fashion retailer, today announces that it has completed the acquisition of certain intellectual property assets and customer databases from retailer Nasty Gal Inc. (\"Nasty Gal\") for US$20 million. The transaction will be financed through a combination of the Group's existing cash resources and a new bank debt facility of £12 million. The Group will consolidate Nasty Gal from 1 March 2017.\n \nEnquiries\n\n\n\n\nboohoo.com plc\nNeil Catto, Chief Financial Officer\nClara Melia, Investor Relations\n\n\n \nTel: +44 (0)161 233 2050\nTel: +44 (0)7748 171236\n \n\n\n\n\nZeus Capital - Nominated adviser and joint broker\nNick Cowles/Andrew Jones (Corporate Finance)\nJohn Goold/Benjamin Robertson (Corporate Broking)\n\n\n \nTel: +44 (0)161 831 1512\nTel: +44 (0)20 3829 5000\n\n\n\n\nJefferies Hoare Govett - Joint Broker\nNick Adams/Max Jones\n\n\n \nTel: +44 (0)20 7029 8000\n \n\n\n\n\nBuchanan - Financial PR adviser\nRichard Oldworth/Madeleine Seacombe/Jane Glover\n\n\n \nTel: +44 (0)20 7466 5000\[email protected]\n \n\n\n\n\nAbout boohoo.com\n\"The voice and style of the social generation\"\nKeeping one step ahead of the trends or making a subtle style change is easy with boohoo.com and with up to 100 new pieces hitting the site every day and a new collection each week, boohoo.com never stops - it is 24/7 fashion at its best. From the UK's best kept fashion secret to one of the fastest growing international retailers, boohoo.com has quickly evolved into a global fashion leader of its generation. Combining cutting-edge, aspirational design with an affordable price tag, boohoo.com has been pushing boundaries since 2006 to bring its customers all the latest looks for less.\n \n\n\n\n\nwww.boohoo.com\n\n\nwww.boohoo.com/newz/page/home\n\n\nfr.boohoo.com\n\n\n\n\nwww.boohoo.com/europe/page/home\n\n\nwww.boohoo.com/sweden/page/home\n\n\nde.boohoo.com\n\n\n\n\nwww.boohoo.com/usa/page/home\n\n\nwww.boohoo.com/denmark/page/home\n\n\nit.boohoo.com\n\n\n\n\nwww.boohoo.com/canada/page/home\n\n\nwww.boo...