JAPAN: Li & Fung unit buys stake in Hello Kitty owner
Fung Investment Pte Ltd, a private equity firm headed by the bosses of global sourcing giant Li & Fung, has bought a 1.03% stake in Japan's Sanrio Co, owner of the Hello Kitty brand.
Fung Investment Pte Ltd, a private equity firm headed by the bosses of global sourcing giant Li & Fung, has bought a 1.03% stake in Japan's Sanrio Co, owner of the Hello Kitty brand.