US: The Talbots refinances debt as Aeon exits stake

By: just-style.com | 9 December 2009

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Japanese retailer Aeon has retired its majority shareholding in The Talbots, with the US chain announcing plans to merge with a special purpose acquisition company and repay $491m in debt to Aeon.

Japanese retailer Aeon has retired its majority shareholding in The Talbots, with the US chain announcing plans to merge with a special purpose acquisition company and repay $491m in debt to Aeon.

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