Brazil's Restoque, Inbrands scrap merger talks

jueves 25 de agosto de 2016 09:01 GYT

SAO PAULO Aug 25 (Reuters) - Brazilian apparel makers Restoque Comercio e Confecções SA and Inbrands SA on Thursday scrapped talks to merge their businesses after failing to reach an agreement on terms for a combination.

Restoque, the larger of the two fashion brand and clothing producers, unveiled the decision in a securities filing. (Reporting by Guillermo Parra-Bernal; Editing by Chizu Nomiyama)