Cortina acquired the business of an Australian luxury goods retailer for 21 million yuan | Lianhe Zaobao

Zaobao
2025.12.16 13:43
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Cortina Holdings acquired the operating rights of a luxury goods retailer in Victoria, Australia for AUD 24.5 million to expand its business layout in the Australian market. The transaction is expected to be completed by June 30, 2026, with funding sourced from internal resources and bank loans. This acquisition is not expected to have a material impact on the current fiscal year. Cortina Holdings' stock price closed at 3.5 yuan