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Ruyi Group announced it is preparing to list the Lycra Company on China's Science and Technology Innovation Board (STIB) to push growth in Asia. The number of shares to be offered was not specified.
Ruyi Group completed its acquisition of INVISTA's Apparel & Advanced Textiles business, including the Lycra brand, for about $2.6 billion. The new company will operate as The LYCRA Company. Ruyi also announced plans for an IPO on China's Science and Technology Innovation Board for Lycra.
| Site | Largest | Latest |
|---|---|---|
| China | 2019-07-30 |