Esprit Global (00330) announced that the company has been discussing with a number of interested third parties and recently received an oral offer from an interested investor stating that it will submit a non-legally binding framework memorandum of understanding to the company with the aim of developing potential partnerships with the company (particularly in terms of European business). Interested investors intend to assist the company in restructuring the company's European business and cooperate with the company to jointly explore ways to improve the company's European business through its control over related businesses. At the same time, interested investors are interested in investing in the company to benefit from future growth in the company's strategic key markets, including North America and Asia.
According to reports, the intended investors are international private equity groups with a good track record.