M&AConsumerRUMOURED
Simorra Bids for Fashion Firm Brava Fabrics
Acquirer
Simorra
Target
Brava Fabrics (stores)
Women's fashion brand Simorra is bidding to acquire three of the five retail locations of Brava Fabrics, a Barcelona-based firm in the same sector that filed for bankruptcy last summer.
✦ Meridian Analysis
Simorra is submitting a bid to acquire three of the five retail locations of Brava Fabrics, a distressed fashion retailer in Barcelona. Simorra is the prospective buyer targeting assets in the Spanish fashion‑retail sector. The announcement does not reveal the bid amount, financing source, required court approvals, or the post‑acquisition reopening plan.
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