Moulin International Stock Exchange suspension in Hong Kong

Moulin International Holdings will today make an announcement about the acquisition proposal for the American chain of Cole National stores.

The information was received by Reuters from a source within the company in Hong Kong, explaining that Moulin's suspension from the Stock Exchange list on April 20 was linked to the offer announced on Monday by Cole (430 million dollars, 25 dollars per share in cash, compared to the 22.5 dollars per share offered by Luxottica).

The Moulin offer was presented last April 15 and should be financed in part by Hal Holding, Cole's principal shareholder.