N Brown Buys Entire Share Capital Of Figleaves For GBP11.5M

15th Jun 2010 09:42

LONDON (Dow Jones)--N Brown Group PLC (BWNG.LN), an internet and catalogue home shopping company, said Tuesday that it has acquired the entire share capital of Figleaves Global Trading Ltd, for a total consideration of GBP11.5 million. MAIN FACTS: -Figleaves is an online shop for lingerie, underwear and swim wear and is forecast to generate turnover of GBP23 million for the year to June. Shares at 0840 GMT up 3.0 pence, or 1.14%, at 266.10 pence. -By Razak Musah Baba, Dow Jones Newswires; +44-20-7842-9275; [email protected] (END) Dow Jones Newswires June 15, 2010 04:42 ET (08:42 GMT)

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