# Eagle Nice to acquire sportswear maker Prospect Converge for CNY 195M

Eagle Nice (International) Holdings Ltd, through its subsidiary Jespar Age Limited, agreed to acquire all shares and loans of Prospect Converge Limited, a sportswear and accessories manufacturer, for an initial consideration of CNY 195 million. The target's production facilities are in Hubei, China.

- Type: Acquisition
- Announced: 2018-10-18
- Where: Hubei, Jingmen, China
- Value: $28.2M (195.0M CNY)
- Status: announced
- Products: sportswear, accessories
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Eagle Nice (International) Holdings](https://endata.com/companies/34965.md) (acquirer)
- [Prospect Converge Limited](https://endata.com/companies/34966.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/157866.html), 2018-10-18: "目标集团主要从事运动服及配件的生产及销售，生产设施位于中国湖北省。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.