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It is understood that from the beginning in the second half of the year, sent several of the financial officers from Nanjing headquarters to thoroughly investigate the ghd hair straightener australia, but starts from the day before yesterday the officer had left the GHD. In April 2006, GHD has signed a strategic cooperation agreement, plans to complete the merge in one year. To this end, the GHD paid $ 150 million worth of contract deposit. But then to GHD merge defaults from the prosecution requested to assume liability, forfeiture of $ 150 million deposit paid to GHD.

Then ghd for payment of liquidated damages of $ 450 million. Currently applying for arbitration between the two sides have not yet read on it. GHD President said yesterday,http://au.ghdstraightener-australiai.com/ last year signed a strategic agreement remained in force. Even GHD delisting, GHD holding companies also have the right of pre-emption. GHD spokesman confirmed in Hong Kong yesterday, GHD was negotiating acquisition.

Due to the acquisition process is more complex, ghd hair straightener is being processed, together with the regulatory segment for approval, in 2008 are expected to have results. In the 7 day as of the day before yesterday, GHD share price has risen from $ 56. 8 rose all the way to $ 68. 36, surging more than 20%. On Tuesday and Wednesday of GHD intraday share price both rushed to the $ 70. But GHD yesterday reported revenue of $ 62. 78 tumbled 8. 16%.

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