China's Ruyi to slow down M&A pace after overseas buying spree

China's Ruyi to slow down M&A pace after overseas buying spree

Qiu Yafu. Photographer: Anthony Kwan/Bloomberg

Ruyi Holding Group, the Chinese apparel firm that agreed in February to buy control of Bally International AG, will slow its dealmaking after announcing more than $4 billion of overseas acquisitions in the past three years.

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