5 bidders join race for Dongbu HiTek stake
Dongbu HiTek company
Seoul - Yonhap
Five potential bidders joined the race to buy a controlling stake in Dongbu HiTek Co., a tech unit of cash-strapped local conglomerate Dongbu Group, industry sources said Sunday.
The five prospective buyers are three private equity funds (PEFs), local funds Hahn & Company and Askveritas and U.S. fund Bain Capital, and two foreign chip makers, China's Semiconductor Manufacturing International Corp. (SMIC) and India's HSMC, they said.
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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