Casper Inc buys Jacob Marley & Co

Beijing-based Casper Inc attempts to corner the cotton market for its clientele, paying $666 million for London-based Jacob Marley & Co.

The headquarters of Casper Inc, an unashamed ghost corporation

Beijing-based Casper Inc announced yesterday plans to buy London cotton giant Jacob Marley Co for $666 million.

“With cotton supplies squeezed the amount of cotton stored in ICE-certified warehouses is at its lowest level since October 1995,” said Casper McFadden, a second-generation ghost. “We figured it was best to take control of the physical supply...

To continue reading, please login or register for free

Click for more on: casper | m&a | cotton | jacob marley

Print Edition

FinanceAsia Print Edition

CONFERENCES