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E-Land Group Eyeing Korean Cosmetics Firm Able C&C, Reports Say

August 1, 2014: 12:00 AM EST
Retailer E-Land Group is reportedly considering the acquisition of budget cosmetics company Able C&C, owner of the Missha and A’Pieu brands of beauty products. In July, E-Land was rumored as having commissioned Samil PricewaterCoopers to conduct a due diligence on the cosmetics company’s finances and business operations. Earlier in April, E-Land Group vice chairwoman Park Sung-kyung said her company might consider buying a cosmetics company it sees as a “good buy”. Both companies, however, denied reports of merger talks.
Bae Ji-sook , "Will E-Land buy Missha?", The Korea Herald, August 01, 2014, © Herald Corporation
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